Recap Consolidation at 50% previous week range. Pullback to support mentioned last week. Y-0 acting as support sent ninja up for a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook Consolidation without breaking Y-0 is sign of strength. As long as Y-0 / B-1 holds, ninja can push higher to clear B+1 / Y+1 with B+2 target.
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Lawrence's Comment
Recap
2 weekly down trend resistance breakout gave us a run to 2 week high and in turn stops are found and sent Aussie to Y+2. Strong reaction at Y+2 ...
Lawrence's Comment
Recap
Lower timeframe bearishness took Ninja down from FBO at Y-0 down to 100% absolute range expansion. Closed the week below Y-1 and midpoint.
Outlook
Now lower and higher timeframes are aligned. ...
Lawrence's Comment
Recap
Surprise upside breakout gave us Y+3 target. It was reached mid week and as more shorts are trapped, an all out squeeze sent NQ up to Y+5. Closed the ...
USDJPY Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range. Pullback to support mentioned last week. Y-0 acting as support sent ninja up for a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook
Consolidation without breaking Y-0 is sign of strength. As long as Y-0 / B-1 holds, ninja can push higher to clear B+1 / Y+1 with B+2 target.
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