Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Consolidation as expected with a very thin up channel in place all week. Spike breaks of the channel all failed throughout the week. Closed the week near Y+1 and ...READ MORELawrence's Comment Recap Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below ...READ MORENasdaq 100 Nov 02 to Nov 06 OutlookHot n Cold (USDCAD) 2017-3-10Weekly Cycle Projection (USDCAD) 2011-04-113DP Odds Table (USDCAD) 2011-10-19USDJPY Oct 14 to Oct 18 OutlookIntraday Cycle Projection (USDCAD) 2012-06-19USDJPY Oct 10 to Oct 14 OutlookWeekly Cycle Projection (USDCAD) 2018-07-303DP Odds Table (USDCAD) 2020-09-09Nasdaq 100 Nov 04 to Nov 08 Outlook
As Featured In
USDCAD Jan 12 to Jan 16 Outlook
Lawrence’s Comment
Reacted to 1.18 as expected. Pullback to equal distance from Monday high and stopped dropping. Renew rally sent the pair up to 1.185 zone on 2nd try. 1.18 turned into support and another run started. Closed the week above Y+1 and midpoint.
Outlook
1.18 support points to the potential parabolic run to Y+3 or 1.20 zone. If we see break down below B-0 without a run above B+2 first, a pullback to B-2 is likely.
Share