Trading Edges That Last
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Lawrence's Comment Recap Unlike NQ, ES ended last week without filling the gap above completely. ES was the weaker one. The rally was a controlled one because by the end of ...READ MORELawrence's Comment Recap Y+1 test rejected. Cable slided back down to Y-0 eventually.Closed the week below Y-0 and near week low. Outlook Upside rejected decisively. Y-0 / B-0 strong resistance unti proven ...READ MORELawrence's Comment Recap Went higher as expected. Tagged minimal upside target of Y+2 and then just stuck there. Closed the week near week high. Outlook If no news shock this weekend, NQ ...READ MORES&P 500 Mar 28 to Apr 01 OutlookIntraday Cycle Projection (GBPUSD) 2019-07-12GBPUSD Oct 26 to Oct 30 OutlookIntraday Cycle Projection (GBPUSD) 2017-05-12Intraday Cycle Projection (GBPUSD) 2015-05-133DP Odds Table (GBPUSD) 2017-10-06Dow 30 Jul 12 to Jul 16 OutlookIntraday Cycle Projection (GBPUSD) 2017-10-023DP Odds Table (GBPUSD) 2018-04-17Nasdaq 100 Aug 13 to Aug 17 Outlook
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GBPUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 and below. Closed the week near Y-3 and below midpoint.
Outlook
A bounce to Y-2 / B-0 is in the making as long as B-1 acts as support. Potential 3 pushes down on 4 hour in the making.
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