Trading Edges That Last
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Lawrence's Comment Recap Gapped higher at the start of the week and consolidated around Y+1 since. Fed meeting sent gold way higher and Aussie jumped higher in sync. Closed the week below ...READ MOREDow 30 Mar 21 to Mar 25 OutlookIntraday Cycle Projection (USDCAD) 2019-03-18USDCAD May 22 to May 26 OutlookWeekly Cycle Projection (USDCAD) 2013-12-09ECB Take Down On Euro BeginsIntraday Cycle Projection (USDCAD) 2012-02-08Precog Vision – Forex 2017-11-16AUDUSD Sep 23 to Sep 27 OutlookS&P 500 Oct 28 to Nov 01 OutlookIntraday Cycle Projection (USDCAD) 2017-11-15
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USDCAD May 16 to May 20 Outlook
Lawrence’s Comment
Consolidation at 50% range found support above Y-0 and sent this back up to Y+1. Closed the week near Y+1 and above midpoint.
Outlook
Y+1 resistance points to potential bull flag on 4 hours until higher timeframes catch up with the trend change. Clearing B+1 quickly points to melt up play for Y+2 above.
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