MarMac86

MarMac86

Price broke from the support at 139.681 and has now started to come down.

MarMac86

Price is heading for 1.19, there is a good long opportunity being created, once the price hits the 1.18290 (50% on fibonnacci) it should start climb back up. Wait for the confirmation before entering a long position.

MarMac86

Eur/Cad Respecting the Fibo levels, shoud be a good 3:1 risk reward swing trade.

MarMac86

Gold is doing a retracement that should hit at least 38,2% on Fibonacci before starting it's descend. Waiting for confirmation before entering.

MarMac86

NZD/CAD broke the support area and starting going down, I believe that there will a retest at 0.87265, which will be the entry point to this trade.

MarMac86

Waiting for confirmation on short position.

MarMac86

Sterling / Buck going short, great time for a short position with great risk reward.

MarMac86

Aussie / Buck keeps pushing down, short position target expected to achieve 0.69500.

MarMac86

We can see a bearish triangle pattern on the graph indicating a bearish trend. We have to wait for confirmation before enering a short position.

MarMac86

After analyzing the 4h timeframe, the price retested the 0.71900 area and it's now starting it's descend to approximately 0.71000. It's likely that we will the price drop to 0.70000 during the week.