Trading Edges That Last
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ContentReviewEuro Longer Term Bottom FormingS&P Pullback Target TaggedGold Going NowhereBitcoin Chart Is Misread by Too Many People10-Year Note Yield On Track To Go HigherBig Picture SummaryReviewEuro news shock took it ...READ MORELawrence's Comment Recap Y-1 area acted as support as expected, sending the pair above Y-0. But it failed to stay above Y-0 and dropped back down to Y-1. That started the ...READ MOREPrecog Vision – Forex 2020-6-8Weekly Cycle Projection (AUDUSD) 2016-04-04Intraday Cycle Projection (AUDUSD) 2019-02-05Precog Vision – Forex 2014-11-26Precog Vision – Forex 2017-6-21Hot n Cold (AUDUSD) 2016-7-15MBO Issue 122 (February 2022) SNAFUIntraday Cycle Projection (AUDUSD) 2021-04-02USDJPY Jun 06 to Jun 10 Outlook3DP Odds Table (AUDUSD) 2022-09-28
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AUDUSD Aug 20 to Aug 24 Outlook
Lawrence’s Comment
B-0 did not act as support earlier in the week. After breaking below Y-1, no more long interest showing up. A flush to below Y-2 by end of the week. Closed the week below Y-2 and at week low.
Outlook
The pullback / consolidation on Aussie has finally started. The next support level below is B-2. Selling down to that slowly implies another up leg potential on higher timeframe.
Flushing through B-2 will invalidate the longer term bullish scenario.
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