Trading Edges That Last
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Lawrence's Comment Recap Consolidation at 50% previous week range as expected. Closed the week below Y-1 and midpoint. Outlook The end of week breakdown is normal for consolidation at Y-1. It is not a ...READ MOREIntraday Cycle Projection (GBPUSD) 2018-07-23Precog Vision – Forex 2016-2-243DP Odds Table (GBPUSD) 2011-05-30Precog Vision – Forex 2021-9-9Precog Vision – Forex 2014-3-5Weekly Cycle Projection (GBPUSD) 2022-09-05USDJPY Jun 25 to Jun 29 OutlookUSDCAD Apr 07 to Apr 11 Outlook3DP Odds Table (GBPUSD) 2018-05-25EURUSD Dec 11 to Dec 15 Outlook
As Featured In
GBPUSD Week of Dec 6th to Dec 10th Outlook
Recap of last week
Test of yellow zone leaded to further downside movement, but did not make it to the target area. Effective stuck in the range established in Monday and when breakout upside worked out, tagged 2x weekly open range area.
Next week outlook
Current quarter open range low (October low) failed to act as resistance, so open range midpoint is the first target area to tag (yellow zone). Sell from there target red zone which is effectively October low. If yellow zone does not act as resistance at all, next target is quarterly open range high (October high, green zone).
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