Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap The above Y-2 bottoming scenario unfolded. Double bottom with a run to Y+1 by end of the week. Closed the week above Y-0 and at week high. Outlook B-0 ...READ MORE3DP Odds Table (USDJPY) 2011-11-29AUDUSD Feb 07 to Feb 11 Outlook3DP Odds Table (USDJPY) 2015-04-20Hot n Cold (USDJPY) 2012-1-27AUDUSD Oct 31 to Nov 04 OutlookAUDUSD Jan 31 to Feb 04 OutlookNasdaq 100 Nov 23 to Nov 27 OutlookAUDUSD Jan 12 to Jan 16 Outlook3DP Odds Table (USDJPY) 2019-10-07Weekly Cycle Projection (USDJPY) 2021-05-10
As Featured In
USDJPY Apr 20 to Apr 24 Outlook
Lawrence’s Comment
Ninja rejected Y+1 decisively giving us Y-0 quickly. Since then previous week close also turned into resistance giving us a go for Y-1. Y-1 tagged later in the week. Closed the week near Y-1 and below midpoint.
Outlook
Outside week down close has not broken the base built around 118 yet. This means this bottom boundary will be challenged soon. Obvious pocket at Y-0 / B-0 will be tested if ninja can hold Y-1.
Share