Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Yeary STOPD expansion target Y+1 stopped the run and led to the first significant pullback in months. Directional drop from previous week close straight down to Y-1 and 100% ...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 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 MOREDow 30 Jul 02 to Jul 06 Outlook3DP Odds Table (GBPUSD) 2022-04-01USDJPY Oct 31 to Nov 04 Outlook3DP Odds Table (GBPUSD) 2021-03-013DP Odds Table (GBPUSD) 2013-06-13Nasdaq 100 Dec 27 to Dec 31 OutlookUSDCAD Feb 09 to Feb 13 OutlookPrecog Vision – Forex 2011-11-25Weekly Cycle Projection (GBPUSD) 2012-03-26Precog Vision – Forex 2015-10-1
As Featured In
GBPUSD Jul 14 to Jul 18 Outlook
Lawrence’s Comment
Consolidation as expected. 50% range. Closed the week above Y-0 and below midpoint.
Outlook
Inside week with a mildly weak close points to retest of B-1 likely. That can open the door to further pullback down to B-2. This is just normal pullback actions to find acceptance at the current price level.
Only if B-1 is breached forcefully with flush action down to B-3 that we can consider the past 2 weeks a weekly level FBO. If that is the case, cable has run its bullish course on weekly.
Share