Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap A easy week with Dow. Pullback to Y-0. Strong reaction to the support. Cleared Y+1 in one go and Y+2 target mentioned last week was quickly right after. In ...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 MOREEURUSD Mar 08 to Mar 12 OutlookIntraday Cycle Projection (GBPUSD) 2015-09-11USDCAD Aug 07 to Aug 11 OutlookEURUSD Sep 07 to Sep 11 OutlookDow 30 Nov 18 to Nov 22 OutlookIntraday Cycle Projection (GBPUSD) 2012-07-23Weekly Cycle Projection (GBPUSD) 2011-08-22USDCAD Mar 06 to Mar 10 Outlook3DP Odds Table (GBPUSD) 2018-03-09Precog Vision – Forex 2018-5-17
As Featured In
GBPUSD Sep 19 to Sep 23 Outlook
Lawrence’s Comment
Mentioned to avoid this pair last week. And here it is, in tight range consolidation with no direction at all. Closed the week below Y-1.
Outlook
The sideline movement has actually helped cable to break above its down channel without giving us any hint of direction (bravo!).
The down channel resistance line dropped to B-1 area . If a retest of B-1 resulted in a bounce taking out B+1, expect a strong rally to tag at least B+3.
Share