Recap Weaknesses right off the start. Got my target and Y-2 as well in 1 go. Drifted up slowly since then back to Y-1 area. Closed the week above midpoint near Y-1.
Outlook 2nd half of the week is a bear flag. As long as Y-1 area stays as resistance, a retest of B-1 is likely.
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Lawrence's Comment
Recap
Completely trapped within the month range, aussie just slide from the resistance to its support and bounce back to the resistance zone by close of the week.
Outlook
The ...
GBPUSD Oct 15 to Oct 19 Outlook
Lawrence’s Comment
Weaknesses right off the start. Got my target and Y-2 as well in 1 go. Drifted up slowly since then back to Y-1 area. Closed the week above midpoint near Y-1.
Outlook
2nd half of the week is a bear flag. As long as Y-1 area stays as resistance, a retest of B-1 is likely.
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