Trading Edges That Last
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Lawrence's Comment Recap Still the best pair to swing trade. Failed to clear Y-0 midweek gave us a low risk ride down to Y-2 target. The nice surprise was that it flushed ...READ MORELawrence's Comment Recap Started the week by tagging the upside target mentioned last week. Not even a chance to join the ride. Then FBO triggered against Y+1 and gave us Y-1 minimum ...READ MORELawrence's Comment Recap Drifted lower as expected. Found support at previous spike low and bounced back up to Y-0. Closed the week below Y-0 and above midpoint. Outlook The consolidation is likely ...READ MOREGBPUSD Jul 08 to Jul 12 OutlookUSDJPY Mar 04 to Mar 08 Outlook3DP Odds Table (USDCAD) 2016-06-09Hot n Cold (USDCAD) 2021-1-8USDCAD Feb 23 to Feb 27 OutlookUSDJPY Jul 04 to Jul 08 OutlookDow 30 Dec 26 to Dec 30 Outlook3DP Odds Table (USDCAD) 2013-06-243DP Odds Table (USDCAD) 2013-08-13Intraday Cycle Projection (USDCAD) 2011-04-11
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USDCAD Jan 14 to Jan 18 Outlook
Lawrence’s Comment
This pair just stuck at a tight range all week. The break and flush near end of week did not produce a run as it bounced back up quickly above Y-1. Closed the week at midpoint and above Y-1.
Outlook
If B+1 is cleared quickly we have a swing bottom in place with closest target at B+3 / Y+1 area.
If B-0 to B+1 acting as resistance, looking for a flush to 0.96 area as stated last week.
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