Trading Edges That Last
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Lawrence's Comment Recap Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear ...READ MORELawrence's Comment Recap The consolidation to close midpoint the week prior to last week pointed to a retest of Y+1 and that happened right at the beginning of last week. Formed ...READ MORELawrence's Comment Recap Previous week close / Y+1 resistance sent NQ back down to Y-0. Y-0 support got NQ back up to fill the gap above. 4300 round number resistance sent NQ ...READ MOREPrecog Vision – Forex 2021-9-20USDJPY Oct 31 to Nov 04 OutlookNasdaq 100 Apr 01 to Apr 05 Outlook3DP Odds Table (USDCAD) 2011-12-02GBPUSD Aug 15 to Aug 19 OutlookIntraday Cycle Projection (USDCAD) 2019-04-19Nasdaq 100 Sep 07 to Sep 11 OutlookGBPUSD Jul 01 to Jul 05 OutlookIntraday Cycle Projection (USDCAD) 2016-08-03Nasdaq 100 Jan 15 to Jan 19 Outlook
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USDCAD Jun 04 to Jun 08 Outlook
Lawrence’s Comment
Gap down and consolidated around B-0. Then zoomed higher as expected. Another easy play last week. Closed the week above Y+2.
Outlook
The target of Y+3 should be reached early next week. Strong support at B-0 if it chooses to consolidate.
1.05 historically often act as resistance on quick runups. So early next week tagging 1.05 with no pullback first means potential sell setup will be formed right there.
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