Trading Edges That Last
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Lawrence's Comment Recap B-0 failed to act as support on pullback leading to a flush back down to Y-1. News shock played a big role on the flush though. Closed ...READ MOREPrecog Vision – Forex 2018-7-193DP Odds Table (USDJPY) 2016-05-193DP Odds Table (USDJPY) 2023-02-06Weekly Cycle Projection (USDJPY) 2017-10-30GBPUSD Jul 09 to Jul 13 OutlookIntraday Cycle Projection (USDJPY) 2013-08-02Intraday Cycle Projection (USDJPY) 2018-08-273DP Odds Table (USDJPY) 2017-08-233DP Odds Table (USDJPY) 2023-05-023DP Odds Table (USDJPY) 2017-07-11
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USDJPY May 13 to May 17 Outlook
Lawrence’s Comment
Cleared my resistance zone. Landed at target Y+3. Good enough for me. Closed the week at Y+3 and near week high.
Outlook
Two possible scenarios. First, consolidation around or above B+1 is likely as ninja cleared the major resistance in 1 go and in need to absorb the imbalance first. Second, if Y+3 serves as support, the melt up will have a good chance to continue and force a print at B+2 first.
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