Recap Cable went sideway until ECB announcement. Successfully filled the open gap above as expected. Closed the week above Y+1 and midpoint.
Outlook Strong resistance zone above B+1 upto B+2 where the higher timeframe resistance all lined up. Failing to hold above B-0 will lead to a drop back down to Y-0 and below.
Lawrence's Comment
Recap
Ninja moved lower as expected. What I did not expect, however, was the all out melt down. Got Y-3 before ninja can even bounce. Closed the week below Y-2 ...
Lawrence's Comment
Recap
Bearish expectation played out. Downside target Y-2 tagged. Closed the week below Y-1 and midpoint.
Outlook
Similar to NQ, ES is potentially forming a daily down trend. Bulls will ...
Lawrence's Comment
Recap
Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint ...
GBPUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Cable went sideway until ECB announcement. Successfully filled the open gap above as expected. Closed the week above Y+1 and midpoint.
Outlook
Strong resistance zone above B+1 upto B+2 where the higher timeframe resistance all lined up. Failing to hold above B-0 will lead to a drop back down to Y-0 and below.
Share