Trading Edges That Last
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Lawrence's Comment Recap As expected, ninja dropped back down to Y-0. After it breached Y-0, ninja weaken further. Closed the week below Y-0 and midpoint. Outlook Inside week after outside week with Y-0 and ...READ MOREPrecog Vision – Forex 2012-5-16Precog Vision – Forex 2021-10-27EURUSD Mar 28 to Apr 01 Outlook3DP Odds Table (USDCAD) 2018-08-06USDJPY Mar 03 to Mar 07 OutlookDow 30 Sep 19 to Sep 23 OutlookWeekly Cycle Projection (USDCAD) 2017-05-01Intraday Cycle Projection (USDCAD) 2017-07-17Weekly Cycle Projection (USDCAD) 2016-09-12EURUSD Mar 07 to Mar 11 Outlook
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USDCAD Apr 01 to Apr 05 Outlook
Lawrence’s Comment
Got downside breakout which was the side with better odds. Tagged Y-2 target and consolidated since. Closed the week above Y-2 and below midpoint.
Outlook
Notice the way it drops is along a very well defined down trendline. It is a sign of mechanical unloading. Such structured movement do not last. Expect this to snap out of the down move and retesting B-0 / Y-1 first.
If the pair cannot push through Y-1, a retest of B-1 will be next.
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