MarlyForex

MarlyForex

SELL THE BREAKOUT

MarlyForex

- 2 INVERTED HAMMERS ON W SUPP - CURRENT SUPP IS AT HISTORICAL RES - DOUBLE BOTTOM OVER A 3 MONTH PERIOD - M CANDLE SPINNING TOP - W CANDLE 2 INVERTED HAMMERS - D CANDLES 2 HAMMERS & PINBAR - M EMAS ABOVE PRICE - W EMAS FACING SOUTH 50 MAGNETIC RES - D 200 STRONG MAGNETIC RES 50 BETWEEN THE HIGHS - FIB FROM PREVIOUS HIGH BEFORE RANGING LAST ...

MarlyForex

FIRST TARGET BETWEEN 38.2//61.8

MarlyForex

Update to follow

MarlyForex Updated 

IF WE CANNOT BREAK AND CLOSE ABOVE DAILY/WEEKLY RESISTANCE THEN WE LOOK FOR THE SHORT STOPS ABOVE RESISTANCE IF WE BREAK & CLOSE ABOVE RESISTANCE WE WOULD BE LONG CONTINUING THE MOST RECENT TREND OF THE RETRACEMENT 0.50/61.8 STOP BELOW RESISTANCE AND TARGETS LAST HIGH FOLLOWED BY A POSSIBILITY OF A FURTHER MOVE UP TO Monthly Resis

MarlyForex

Possible Drak clous on the H1 Trend line break and retest LL LH

MarlyForex

Display: FX:GBPUSD Description: As shown above we have FX:GBPUSD . This pair is currently Bearish, Price is in an Ascending Wedge/Bear Flag on the Daily Weekly Etc. Long Term we are in a descending chanell since late 2013 failing to break out of this multiple times over the years. Looking back at structure we can see...

MarlyForex

- 4Hr Spinning Top creating a double top if we reject - Long after retracement TL Bounce - Or bounce on Weekly Resistance NOW Support

MarlyForex

Update to follow.

MarlyForex

Double Top at Monthly Resistance

MarlyForex Updated 

Display: FX:AUDJPY Description: As shown above we have FX:AUDJPY . At the opening last week i posted this pair with a Bullish Outlook, projecting a possible 300+ Pip move to the upside Monthly Resistance 86.700.This target has been met, we are now at the 1.414 Fib extension from Monthly Support. Between the FIB extension levels ...

MarlyForex

Display: FX:EURCAD Description: As shown above we have FX:EURCAD . I was going through pairs and noticed this TL i drew a while back has been broken majorly, Also as we can see price failed to break above monthly resistance 1.50250 3 times since the later part of February. Resulting in price decline consequently breaking out of ...

MarlyForex Updated 

Display: FX:AUDJPY Description: As shown above we have FX:AUDJPY . At the opening last week i posted this pair with a Bearish Outlook, projecting a possible 350 Pip move to the downside just beyond Monthly Support. However i did state we would look to short this pair on rejection of the previous Daily Resistance 82.500.Early in the ...

MarlyForex Updated 

Display: FX:AUDUSD Description: As shown above we have FX:AUDUSD . Price is currently Bullish , I Posted this pair just over a week ago expecting a possible bounce on Weekly Support/78.6. TP one has been fulfilled with 100+ pips left to hit TP 2, currently we are tapping on Monthly Resis 0.77400 i do expect a break and a Bullish close ...

MarlyForex Updated 

-- LONG AFTER RETRACEMENT BETWEEN 0.50/0.786 OR -- A BULLISH CLOSE ABOVE PREVIOUS MONTHLY RESISTANCE 0.77400

MarlyForex Updated 

Display: EURJPY Description: As shown above we have EURJPY . We have a clear cut Trend outlined on this pair which i explained in last nights post. for the month of March 2016 i had a few long positions anticipating a touch of the upper channel TL. A few pips short of the TL we can see structure coming back into...

MarlyForex Updated 

Display: FX:CADJPY Description: As shown above we have FX:CADJPY .Very similiar to my last post on FX:AUDJPY At the opening last week i posted both pairs with a Bearish Outlook, projecting a possible 350 Pip move to the downside beyond Monthly Support. Correlating with FX:AUDJPY there was an obvious point of...

MarlyForex Updated 

Display: FX:EURJPY Description: As shown above we have FX:EURJPY . I have been short this pair since my lost post on it 6 Days ago TP 1 has currently been met with another 100 pips to go for TP 2. A bounce in the area highlighted will be a good bearish setup and second attempt at possibly breaking Monthly Support 122.000. I will ...