Trading Edges That Last
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Lawrence's Comment Recap Looks almost exactly like Dow. See Dow comments for recap. Outlook Bullish scenario - if Y-1 acts as support, we get B+2. Bearish scenario - measured move target from week low ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Dow completely dominated by bottom pickers in the beginning of the week. Hence failed to clear the previous week close from below. As new low printed mid week, the ...READ MORE3DP Odds Table (USDCAD) 2013-03-15Intraday Cycle Projection (USDCAD) 2016-08-10Weekly Cycle Projection (USDCAD) 2016-08-15Precog Vision – Forex 2021-5-27S&P 500 Aug 15 to Aug 19 Outlook3DP Odds Table (USDCAD) 2022-10-11Precog Vision – Forex 2012-4-23Dow 30 Feb 03 to Feb 07 OutlookIntraday Cycle Projection (USDCAD) 2023-01-13Intraday Cycle Projection (USDCAD) 2021-12-06
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USDCAD May 16 to May 20 Outlook
Lawrence’s Comment
Consolidation at 50% range found support above Y-0 and sent this back up to Y+1. Closed the week near Y+1 and above midpoint.
Outlook
Y+1 resistance points to potential bull flag on 4 hours until higher timeframes catch up with the trend change. Clearing B+1 quickly points to melt up play for Y+2 above.
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