Trading Edges That Last
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Lawrence's Comment Recap Y-1 acted as support so no selloff. Once traded above Y+1, clean sail to pre-crisis level at Y+5 (notice how exact that was). Closed the week by doubling ...READ MORELawrence's Comment Recap Bounced back to Y-0 early in the week. Y-0 stopped the bounce and gave us a drop down to new low below Y-1. Stopped going lower before touching downside ...READ MORE3DP Odds Table (AUDUSD) 2017-12-06Precog Vision – Forex 2022-3-73DP Odds Table (AUDUSD) 2018-01-18Nasdaq 100 Apr 08 to Apr 12 OutlookUSDJPY Apr 04 to Apr 08 Outlook3DP Odds Table (AUDUSD) 2017-10-063DP Odds Table (AUDUSD) 2018-09-273DP Odds Table (AUDUSD) 2017-06-30GBPUSD Feb 11 to Feb 15 Outlook3DP Odds Table (AUDUSD) 2021-01-22
As Featured In
AUDUSD Aug 22 to Aug 26 Outlook
Lawrence’s Comment
Upside triangle did not break to the downside at all. Instead, formed an up channel and drifted higher and paused after 50% of prior week range is reached. Closed the week below Y+1.
Outlook
The upchannel is too structured to last and is already broken to the downside. As long as B+1 to B-0 acts as resistance, a retest of Y-0 to B-2 is likely.
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