Trading Edges That Last
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Lawrence's Comment Recap 4 Hour down channel break. Weekly bull flag breakout. Tagged and cleared weekly resistance. Closed the week above Y+2 and near week high. Outlook The breakout momentum points to ...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 MOREContent Review Euro Still Have Months of Congestion to Go S&P Pullback / Consolidation Mode Gold Waiting for Something to Happen Big Picture Summary Review Euro getting stuck ...READ MOREPrecog Vision – Forex 2013-7-29Precog Vision – Forex 2015-12-24USDJPY May 25 to May 29 OutlookEURUSD Mar 22 to Mar 26 OutlookWeekly Cycle Projection (GBPUSD) 2021-06-213DP Odds Table (GBPUSD) 2021-02-03Weekly Cycle Projection (GBPUSD) 2016-06-20Precog Vision – Forex 2016-3-11S&P 500 Nov 21 to Nov 25 OutlookMBO Issue 75 (Mar 2018) China’s Way to
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GBPUSD May 04 to May 08 Outlook
Lawrence’s Comment
Cable took out Y+2 as expected and stalled at 100% absolute range expansion. 1-2-3 sell on 4 hour sent cable back to where it started. Closed the week below Y+1 and near week low.
Outlook
V-shape reversal against the monthly level resistance zone implies the resistance zone is a very strong one. B-0 and above now resistance until proven otherwise. A drop to B-2 is in play.
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