Trading Edges That Last
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Lawrence's Comment Recap The cleanest swing bottom for a long while. The exact formation I was looking for last week, bottom formation clearing resistance, happened and gave us Y+2 normal ...READ MOREUSDCAD Apr 01 to Apr 05 OutlookIntraday Cycle Projection (USDJPY) 2018-01-193DP Odds Table (USDJPY) 2018-12-27Intraday Cycle Projection (USDJPY) 2022-09-05Precog Vision – Forex 2022-6-273DP Odds Table (USDJPY) 2012-03-053DP Odds Table (USDJPY) 2020-12-31AUDUSD Jul 10 to Jul 14 OutlookHot n Cold (USDJPY) 2016-4-22USDCAD Dec 24 to Dec 28 Outlook
As Featured In
USDJPY May 27 to May 31 Outlook
Lawrence’s Comment
Held Y-0 and pushed higher for upside breakout and failed. That lead to a clear break of Y-1 and turning Y-0 into resistance. Closed the week at Y-1 and below midpoint.
Outlook
Both upside target and downside target were not reached. Outside week reversal in place so more downside is expected. Obvious target for now is B-2 as that is also where the melt up move started. That causes a problem as the Japanese government and BOJ want dollar yen to go higher. Not sure if they will intervene heavily to defend the 100 area.
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