Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Consolidated above Y-1 and drifted higher slowly. Then the pair exploded to the upside, clearing B+1 my breakout level. Almost tagged B+3 target before pulling back. Closed the week ...READ MORELawrence's Comment Recap Y-1 breached at the start of the week and never get the chance to turn into resistance. Just like Dow, that provided enough fuel to boost ES ...READ MORE3DP Odds Table (GBPUSD) 2013-04-163DP Odds Table (GBPUSD) 2020-10-22USDJPY Jun 20 to Jun 24 OutlookDow 30 Oct 09 to Oct 13 OutlookIntraday Cycle Projection (GBPUSD) 2015-06-293DP Odds Table (GBPUSD) 2012-03-133DP Odds Table (GBPUSD) 2015-10-21USDCAD Jan 21 to Jan 25 Outlook3DP Odds Table (GBPUSD) 2012-12-13S&P 500 Feb 06 to Feb 10 Outlook
As Featured In
GBPUSD May 09 to May 13 Outlook
Lawrence’s Comment
Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1.
Outlook
Tagging Y-2 early in the week will point to further weaknesses as long as Y-1 to B-0 acts as resistance.
Share