Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Exactly as expected - failed to clear Y-0 and flushed to Y-2. Closed the week below Y-1. Outlook Still trapped inside the down channel. Second half of the week ...READ MORELawrence's Comment Recap I was looking for a pullback to B-0 early in the week. That worked out as expected. Then a bounce back up to at least a retest ...READ MOREIntraday Cycle Projection (AUDUSD) 2023-04-19GBPUSD Jan 07 to Jan 11 OutlookIntraday Cycle Projection (AUDUSD) 2018-03-20AUDUSD May 28 to Jun 01 Outlook3DP Odds Table (AUDUSD) 2019-05-13GBPUSD Apr 10 to Apr 14 OutlookNasdaq 100 May 11 to May 15 OutlookNasdaq 100 Sep 27 to Oct 01 OutlookS&P 500 Feb 27 to Mar 02 Outlook3DP Odds Table (AUDUSD) 2016-07-15
As Featured In
AUDUSD Jun 24 to Jun 28 Outlook
Lawrence’s Comment
4 hour bear flag breakdown gave us a selloff down to Y-1. The gold flush to new low did the rest and kept Aussie staying around Y-2. Closed the week near week low and below Y-1.
Outlook
Aussie is still moving in sync with gold. Should gold find a bottom in coming few weeks, Aussie should find its bottom too.
As long Y-1 acting as resistance, no point to pick bottom yet.
Share