MarlyForex

MarlyForex Updated 

Display: FX:EURAUD Description: As shown above we FX:EURAUD is Bullish having bounced off weekly support numerous times price is trading within a symmetrical triangle, so we can likely expect a break out soon. If price breaks out and closes above 1.49000 then we should see Weekly resistance tested a break...

MarlyForex

I will post an update Setups outlined are based on structure.

MarlyForex Updated 

Display: FX:GBPCHF Description: As shown above we have FX:GBPCHF . Short term we have price moving Bullish, However we've been in a downtrend/Bearish channel since Mid December. As it is clear cut which position we should be taking we would now need a valid setup.As shown above there is a possibility price may retrace to the 0.50 - 0.618 Fib drawn from...

MarlyForex Updated 

Display: FX:AUDJPY Description: As shown above we have FX:AUDJPY . Currently this pair is Bullish , Since breaking out of consolidation early March. As explained in the post before this we have 2 scenarios present, There is a possiblity we could close above monthly Resistance 86.40 - 86.70 we would likely wait for a pull back to that zone then LONG to 87.000...

MarlyForex Updated 

:)

MarlyForex Updated 

Display: FX:CADJPY Description: As shown above we FX:CADJPY is Bullish but is currently trading away from two significant trendines. Indicators: 10 20 200 EMA The 10 & 20 EMA are close to a bearish cross. Duration: Short Term Decision: I will short this pair on a break of the TL toward the lower TL and 0.50 - 0.618 Fib Thank...

MarlyForex

consistednly making higher highs and higher lows Display: FX:AUDUSD Description: As shown above we have FX:AUDUSD . Price is currently Bullish, breaking out of consolidation from last September till early February. Since then we have consistently been making HH & HL indicating a strong Bullish trend. I will now be...

MarlyForex

Possible Outcome Displayed above

MarlyForex

Display: FX:AUDJPY Description: As shown above we have FX:AUDJPY . Currently this pair is Bullish, Since breaking out of consolidation early March. So we have two scenrios present, On one hand a close above monthly Resistance 86.40 - 86.70 we would likely wait for a pull back to that zone then LONG to 88.000. On the Monthly we have a Bullish Engulfing...

MarlyForex Updated 

Display: FX:USDJPY Description: As shown above we have FX:USDJPY . Currently this pair is ranging and consolidating between 110.650 – 114.550, Since the 5th Feburary Price was bearish falling into this zone, from mid 2015. For that reason i expect price to retrace to at least a 38.2 of the...

MarlyForex Updated 

PRICE IS SLOWLY DECLINING TOWARDS DAILY SUPPORT HOWEVER A BREAK SEEMS POSSIBLE BUY BREAK

MarlyForex

Display: USDJPY Description: As shown above we have USDJPY . Currently this pair is ranging and consolidating between 110.650 – 114.550, Since the 5th Feburary Price was bearish falling into this zone, from mid 2015. For that reason i expect price to retrace to at least a 38.2 of the previous...

MarlyForex

Display: USDJPY Description: As shown above we have USDJPY . Currently this pair is ranging and consolidating between 110.650 – 114.550, Since the 5th Feburary Price was bearish falling into this zone, from mid 2015. For that reason i expect price to retrace to at least a 38.2 of the previous...

MarlyForex Updated 

Feedback Appreciated :)

MarlyForex Updated 

Feedback Appreciated :)

MarlyForex Updated 

ALREADY LONG -- AS WE CAN SEE THERE IS STRUCTURE, WHERE AS WE HAVE A PRICE MOVE UP RETRACEMENT, THEN THE SAME ACTION IS REPEATED TWICE ALMOST IDENTICAL. -- Followed by a potential break just now. IF PRICE FOLLOWS THE STRUCTURE WE SHOULD RETRACE PRACTICALLY PIPS OF THE OLD SUPPORT A CLOSE ABOVE THAT WOULD LIKELY VALIDATE THAT SUPPORT ONCE AGAIN -- WHICH MAY...

MarlyForex Updated 

WAIT FOR A BREAK BACK ABOVE SUPPORT AND A CLOSE TO GO LONG BULLISH SHARK BUY RETRACEMENT BREAK LOWER WILL BE A AWESOME SELL OFF SO SEE MY PREVIOUS POST FEEDBACK APPRECIATED :)

MarlyForex Updated 

-- We have lower highs if you zoom out you can see this pair FX:USDCAD has be declining. -- I posted a long position yesterday which has been met. -- ABCD just at the TL -- I expect price will Fulfil the D Leg then reverse from the PRZ highlighted in grey Feedback Appreciated :)