Trading Edges That Last
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Lawrence's Comment Recap Double top setup to break Y-0 early in the week. 100% absolute range expansion to the downside and stopped right there. Snapped back above Y-0 and turning that ...READ MORELawrence's Comment Recap Consolidation above Y-0 as expected. Originally looked like a breakout to the upside was in the making, until news shock hit late in the week. Got the ...READ MOREPrecog Vision – Forex 2021-12-15USDCAD Jan 01 to Jan 05 OutlookPrecog Vision – Forex 2017-11-73DP Odds Table (USDJPY) 2013-03-04USDCAD Nov 20 to Nov 24 Outlook3DP Odds Table (USDJPY) 2016-06-23Precog Vision – Forex 2022-4-21USDCAD Jun 20 to Jun 24 OutlookNasdaq 100 Apr 16 to Apr 20 OutlookUSDJPY Jun 18 to Jun 22 Outlook
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USDJPY May 19 to May 23 Outlook
Lawrence’s Comment
Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed the week near Y-1 and below B-0.
Outlook
The Y-1 / B-1 zone has been the support for months. Every time it is challenged, something magical happened to reverse the course. Maybe intervention, maybe not.
As long as B-0 acting as resistance, B-2 and below in play.
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