Trading Edges That Last
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Recap of last week Picture perfect test of yellow zone and failed. Red zone tagged the very last day of the week. Closed the week at the low. ...READ MORE3DP Odds Table (USDJPY) 2023-02-10USDCAD Nov 05 to Nov 09 OutlookHot n Cold (USDJPY) 2014-12-123DP Odds Table (USDJPY) 2017-04-073DP Odds Table (USDJPY) 2013-06-21Hot n Cold (USDJPY) 2011-9-93DP Odds Table (USDJPY) 2015-07-14Intraday Cycle Projection (USDJPY) 2022-06-20Hot n Cold (USDJPY) 2019-10-4GBPUSD Week of Nov 29th to Dec 3rd
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USDJPY Week of Dec 13th to Dec 17th Outlook
Recap of last week
Made a new low against the low of the week before, and tested 50% of previous month exactly. The quick run up stopped at 100% relative expansion based on the range of the week prior.
Next week outlook
As monthly price zone entered the scene, we know a significant move is in the making. Previous month high will be tested (yellow zone). If it is taken out quickly, a rally towards 50% expansion of initiation period of this quarter is expected (green zone). A failed test at yellow zone will force the pair to drop back down to previous week low (red zone).
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