Trading Edges That Last
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Recap of last week Monthly structural price levels came into play. Failed in beginning of the week to hold above monthly initiation mid point + previous month high gave ...READ MOREPrecog Vision – Forex 2012-6-43DP Odds Table (AUDUSD) 2014-09-23Precog Vision – Forex 2019-5-3Weekly Cycle Projection (AUDUSD) 2014-12-01Intraday Cycle Projection (AUDUSD) 2020-12-103DP Odds Table (AUDUSD) 2011-04-223DP Odds Table (AUDUSD) 2012-09-273DP Odds Table (AUDUSD) 2013-10-21Dow 30 Oct 03 to Oct 07 OutlookGBPUSD Week of Nov 22nd to 26th Outlook
As Featured In
AUDUSD Feb 14 to Feb 18 Outlook
Lawrence’s Comment
Was looking for a pullback to Y-0 for confirmation of the strength of the rally. That turned into a full scale selloff. Interesting that it closed at right at Y-0.
Outlook
Closing at Y-0 means some kind of equalibrium is reached at current price level. Thus the pair is likely going into congestion, trapped between B-0 and B-1. A break of B-1 means B-2 will be tested quickly.
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