Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORE
Lawrence's Comment Recap Consolidation around B+1 at 50% range as expected. A necessary pause for the wild moves over the past few weeks. Closed the week below Y+1 and near midpoint. Outlook Difficult week ...READ MORELawrence's Comment Recap As explained last week, Dow was locked in range and it happened again. Y+1 resistance sent Dow straight back down to Y-0 and stuck there. Closed the week near ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Dow simply hopped thru the Y+1 resistance and never looked back. The bullish bias from last week worked out. YM has to complete 100% range expansion first before it ...READ MORELawrence's Comment Recap Quick zoom to B+2 as expected. Closed the week near midpoint. Outlook Short term bottom likely in place. If B-1 failed to act as support, a flush back down ...READ MOREIntraday Cycle Projection (GBPUSD) 2018-11-06Precog Vision – Forex 2012-12-19Hot n Cold (GBPUSD) 2012-11-2Dow 30 Feb 24 to Feb 28 OutlookIntraday Cycle Projection (GBPUSD) 2014-01-10Dow 30 Jun 29 to Jul 03 OutlookPrecog Vision – Forex 2013-3-4Dow 30 Jul 15 to Jul 19 Outlook3DP Odds Table (GBPUSD) 2021-11-09USDCAD May 14 to May 18 Outlook
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GBPUSD Aug 24 to Aug 28 Outlook
Lawrence’s Comment
Bullish expectation worked out as cable continues to challenge the upper boundary. Y-0 support sent cable higher. Closed the week above Y+1 and midpoint.
Outlook
Cable rising wedge on 4 hours can break the up trend if B-0 is breached. As long as B-0 / Y+1 zone holds, cable can still push to Y+2 and beyond.
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