Trading Edges That Last
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Lawrence's Comment Recap Resistance zone mentioned last week capped Euro upside and the breaking of Y-0 gave us Y-1 downside target as expected. Closed the week near Y-1 and week low. ...READ MORELawrence's Comment Recap First significant selloff this year. Took multiple try to flush ES yet it only dropped out 100% absolute range expansion and price already bounces back at once. Closed the ...READ MORELawrence's Comment Recap Sold off hard after a failed attempt to fill the gap above early in the week. Closed the week near the low and well below Y-1. Outlook Out of ...READ MOREUSDJPY Oct 21 to Oct 25 OutlookUSDCAD Oct 30 to Nov 03 OutlookWeekly Cycle Projection (GBPUSD) 2022-06-13Precog Vision – Forex 2022-3-1Intraday Cycle Projection (GBPUSD) 2023-02-20EURUSD Jan 25 to Jan 29 OutlookS&P 500 Apr 22 to Apr 26 OutlookNasdaq 100 Nov 21 to Nov 25 OutlookUSDJPY Nov 21 to Nov 25 OutlookWeekly Cycle Projection (GBPUSD) 2011-09-19
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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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