Trading Edges That Last
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Lawrence's Comment Recap Sideway actions expected yet news shock forced ninja to breakout to the downside. Cleared Y-1 decisively and turned into resistance. 200% absolute range expansion. Closed the week near Y-3 ...READ MOREEURUSD Mar 04 to Mar 08 OutlookHot n Cold (USDJPY) 2021-5-14Intraday Cycle Projection (USDJPY) 2017-07-17USDCAD Jun 20 to Jun 24 OutlookIntraday Cycle Projection (USDJPY) 2015-11-173DP Odds Table (USDJPY) 2011-04-253DP Odds Table (USDJPY) 2012-08-31Precog Vision – Forex 2021-12-303DP Odds Table (USDJPY) 2019-10-07USDJPY Dec 14 to Dec 18 Outlook
As Featured In
USDJPY Oct 29 to Nov 02 Outlook
Lawrence’s Comment
Took off right from the start of the week and consolidated above Y+1 pointing to a push towards Y+3. At 100% absolute range expansion, heavy selling kicked in and dropped this back down to Y+1. Closed near Y+1 and below midpoint.
Outlook
The first leg up is now over.Consolidation for a week or 2 is needed to absorb the fast up move. As long as it stays above Y-0 / B-1 area, looking for more upside over coming weeks.
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