Trading Edges That Last
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Lawrence's Comment Recap Just like the forex majors, Dow jumped higher right from the start and stayed there til Fed announcement. The odd thing though, is that the jump did not result ...READ MORE3DP Odds Table (AUDUSD) 2016-01-05Precog Vision – Forex 2019-5-17Precog Vision – Forex 2012-10-8Hot n Cold (AUDUSD) 2012-4-17Dow 30 Aug 24 to Aug 28 OutlookIntraday Cycle Projection (AUDUSD) 2022-07-12Intraday Cycle Projection (AUDUSD) 2023-03-29Dow 30 Sep 23 to Sep 27 OutlookHot n Cold (AUDUSD) 2012-7-19USDJPY Mar 20 to Mar 24 Outlook
As Featured In
AUDUSD May 02 to May 06 Outlook
Lawrence’s Comment
Congestion as expected in the beginning of the week. Then took off to target mentioned last wee, pause, and then finish the move by tagging Y+2. Closed at the high of the week.
Outlook
Momentum is too strong to stop at B+1. The likely price level to stall from is Y+3 to B+2 zone.
The less likely scenario is that a sharp turn from B+1 breaking B-0 means the rally is potentially over.
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