Trading Edges That Last
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Lawrence's Comment Recap Consolidated around Y+1. Less than 50% range of week prior to last. Closed the week below Y+1 and midpoint. Outlook ES is weaker than NQ. It is structurally much weaker ...READ MORE3DP Odds Table (GBPUSD) 2016-11-23Precog Vision – Forex 2020-7-24AUDUSD Mar 06 to Mar 10 OutlookIntraday Cycle Projection (GBPUSD) 2022-06-27Intraday Cycle Projection (GBPUSD) 2012-02-02Precog Vision – Forex 2019-1-23Precog Vision – Forex 2014-3-28Intraday Cycle Projection (GBPUSD) 2020-07-17S&P 500 Feb 13 to Feb 17 OutlookDow 30 May 25 to May 29 Outlook
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GBPUSD Aug 10 to Aug 14 Outlook
Lawrence’s Comment
Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint.
Outlook
For the breakout to continue, Y-1 must act as resistance and force cable lower quickly. FBO against Y-1 will produce a sharp squeeze higher back up to challenge Y+1.
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