Trading Edges That Last
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Lawrence's Comment Recap The short squeeze scenario played out. The range expanded without any significant retracement. That is a bit surprising. Outlook Still no signs of accumulation and breadth is diverging from the ...READ MOREPrecog Vision – Forex 2017-7-43DP Odds Table (GBPUSD) 2022-10-07Precog Vision – Forex 2018-8-21GBPUSD Nov 08 to Nov 12 OutlookS&P 500 May 02 to May 06 OutlookIntraday Cycle Projection (GBPUSD) 2019-08-053DP Odds Table (GBPUSD) 2019-10-07USDJPY Aug 15 to Aug 19 OutlookEURUSD Nov 14 to Nov 18 Outlook3DP Odds Table (GBPUSD) 2019-09-12
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GBPUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Resistance zone mentioned last week sent cable to new low against Y-1. 3 Pushes Down enabled cable to stage a come back to Y-0 crime scene. Stop hunt since then sent cable back up to where the spike reversal started. Closed the week above Y-0 and midpoint.
Outlook
B+1 / Y+1 strong resistance until proven otherwise. 2 weeks trapped within the wild range week is giving us a whiplash play if spike reversal against Y+1 happens again. The target for the setup will be Y-2.
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