Recap Upside breakout in the classic 1-2-3 setup, 200% upside expansion target (Y+3) tagged quickly and pulled back to Y+1 as support. Bounced between Y+3 and Y+1 since. Closed the week above B-0 midpoint.
Outlook The violent up swing has broken the daily level downtrend. If the pair develops a higher low within the B-1 to B-0 zone, B+1 will be taken out in a few weeks time.
Lawrence's Comment
Recap
NQ dropped to Y-2 as expected. Very strong reaction there but not enough to stop the train. Retest of week low led to consolidation at the bottom with another ...
Lawrence's Comment
Recap
Ninja took off as expected. All the way pushing near 1.06 target too until stopped by Y+5. Closed the week above Y+3 and near midpoint.
Outlook
200% range expansion with 2nd ...
USDCAD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Upside breakout in the classic 1-2-3 setup, 200% upside expansion target (Y+3) tagged quickly and pulled back to Y+1 as support. Bounced between Y+3 and Y+1 since. Closed the week above B-0 midpoint.
Outlook
The violent up swing has broken the daily level downtrend. If the pair develops a higher low within the B-1 to B-0 zone, B+1 will be taken out in a few weeks time.
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