Recap of last week Flushed down as expected, tagged the previous month 2x downside target (good!) but not tagging the 50% weekly expansion target to the downside and reversed ...
Lawrence's Comment
Recap
Bullish scenario unfolded as expected. NQ held Y-0, tested Y+1, pullback to Y-0 and took off. Got Y+2 upside target with no heat taken. Closed the week above Y+2 ...
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GBPUSD Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Pushed towards Y+1 as expected. Then news shock sending cable back down to Y-1. Yet Y-1 acted as support and forced cable to approach Y+1 again.
Outlook
A test of B+1 to Y+1 is in play. A breakout for this zone points to higher price level at B+2 as a minimum.
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