Trading Edges That Last
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Lawrence's Comment Recap Rejected twice below Y-0 at 1.62. 2nd time sent cable down to Y-2. Staying weak as expected. Sold off to the nearest target as expected. Closed the week ...READ MORELawrence's Comment Recap As expected, cable price trapped between Y-1 to Y+1. Attempt to break lower failed then higher high and higher low swinged cable back up to almost Y+1. Closed the ...READ MORELawrence's Comment Recap Cable holding previous week close early in the week started a breakout until 100% absolute range expansion is reached. Closed the week near Y+2 and above midpoint. Outlook This ...READ MOREIntraday Cycle Projection (YM) 2023-01-26Intraday Cycle Projection (DIA) 2016-12-28GBPUSD Feb 27 to Mar 03 OutlookGBPUSD Dec 31 to Jan 04 OutlookIntraday Cycle Projection (DJIA) 2021-12-203DP Odds Table (YM) 2014-07-03GBPUSD Sep 30 to Oct 04 OutlookIntraday Cycle Projection (YM) 2016-07-25GBPUSD May 18 to May 22 Outlook3DP Odds Table (DIA) 2023-05-02
As Featured In
Dow 30 Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Consolidation around Y+1 at equal distance. 50% range bounded the week nicely. Closed the week near Y+1 and midpoint.
Outlook
As long as B+1 acting as resistance we are looking for at least filling one open gap below. That points to below B-1 price level likely and Y-0 / B-2 target.
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