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Lawrence's Comment
Recap
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.
Outlook
As the support zone ...
Lawrence's Comment
Recap
Couldn't form a low early in the week above 4100 led to the expected stop hunt mentioned last week. Since then NQ gapped back up above 4100 and fought ...
Lawrence's Comment
Recap
Consolidation actions after wide range expansion was normal. ECB decisions sparked wild swings both ways. Y-0 support gave us a run for Y+2 but not enough time to get ...
USDJPY May 25 to May 29 Outlook
Lawrence’s Comment
4 Hour down channel break. Weekly bull flag breakout. Tagged and cleared weekly resistance. Closed the week above Y+2 and near week high.
Outlook
The breakout momentum points to more upside. Consolidation around B+1 potential if ninja fails to clear Y+3 early in the week.
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