Trading Edges That Last
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Lawrence's Comment Recap Sold off early in the week holding Y-1 and immediately retested Y+1. Midweek selloff produced a higher low and by Friday, broke out above Y+1 and tagged ...READ MORE3DP Odds Table (USDCAD) 2021-03-02Intraday Cycle Projection (USDCAD) 2021-07-223DP Odds Table (USDCAD) 2021-05-27Intraday Cycle Projection (USDCAD) 2016-04-21Weekly Cycle Projection (USDCAD) 2014-04-07Precog Vision – Forex 2017-3-273DP Odds Table (USDCAD) 2015-12-17Precog Vision – Forex 2020-6-8Precog Vision – Forex 2016-9-9Dow 30 Oct 24 to Oct 28 Outlook
As Featured In
USDCAD Apr 13 to Apr 17 Outlook
Lawrence’s Comment
Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back up to Y-0 and stalled. Closed the week below Y-0 and above midpoint.
Outlook
Weekly level consolidation will continue until either end of the consolidation range is breached. The way a base is built at Y-1 / B-1 zone so far implies bullish continuation on weekly with B+2 / Y+1 to be tested eventually.
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