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Lawrence's Comment Recap The bullish reversal scenario happened. Cleared Y+1 quickly but failed to close above. Closed the week above Y-0 and midpoint. Outlook In order to continue matching higher, ES must ...READ MOREIntraday Cycle Projection (USDJPY) 2018-08-31Precog Vision – Forex 2013-8-28Hot n Cold (USDJPY) 2012-11-12AUDUSD Dec 24 to Dec 28 Outlook3DP Odds Table (USDJPY) 2022-04-22Precog Vision – Forex 2013-8-9Precog Vision – Forex 2015-8-4Intraday Cycle Projection (USDJPY) 2016-11-083DP Odds Table (USDJPY) 2011-05-06S&P 500 Feb 09 to Feb 13 Outlook
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USDJPY Apr 29 to May 03 Outlook
Lawrence’s Comment
Tagged resistance zone as expected, but no breakout above that. Instead, ninja fell back down to Y-0 eventually. Most part of the week was spend holding right below Y+1 making it looks like a breakout to the upside was about to happen. Closed the week near the week low and Y-0.
Outlook
Y+1 / B+1 rejected twice means the resistance at 100 is very strong. But don’t forget that Y-1 was rejected by very strong reaction. Hence price is now trapped between Y+1 and B-1. No real direction until ninja can break out of this range.
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