Trading Edges That Last
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Lawrence's Comment Recap Gapped down to Y-1, fulfilled the projection of tagging either extreme of last week. Once the open range (range of Monday) was establsihed for the week, however, NQ ...READ MORELawrence's Comment Recap FBO confirmed and sold off to B-2 as expected. By end of week a stop run carried the pair down to Y-3. Closed the week below Y-2 ...READ MORENasdaq 100 May 30 to Jun 03 OutlookWeekly Cycle Projection (AUDUSD) 2015-08-31USDCAD May 07 to May 11 OutlookIntraday Cycle Projection (AUDUSD) 2017-05-01Intraday Cycle Projection (AUDUSD) 2018-09-25Intraday Cycle Projection (AUDUSD) 2011-10-143DP Odds Table (AUDUSD) 2020-09-07Intraday Cycle Projection (AUDUSD) 2018-08-233DP Odds Table (AUDUSD) 2016-08-01USDCAD Nov 26 to Nov 30 Outlook
As Featured In
AUDUSD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
50% previous week range consolidation. Happens often after an initiate reversal. Closed the week near midpoint.
Outlook
A run to B+1 will trigger a run to Y+1, B+2 and B+3.
Less likely scenario is that if Aussie drops quickly early in the week down to B-1 and that B-0 acting as resistance, then B-2 is in play.
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