MarvinLHarris

MarvinLHarris

As we can see on the h4 chart, there is obvious signs of a distribution phase in this current range. Buyers came to a halt after a high efforted climax slightly north of 40,000. Now in sight, we have an LPSY marked off on the charts where price pierced above equal highs but was not able to sustain momentum. This is shown in price action and in climactic volume....

MarvinLHarris

The Dow Jones Top 30 is preparing for take off. Daily pinbar closure H4 3 inside up pattern, hidden bullish divergence with RSI(14), finding support along the 200EMA H1 Bearish exhaustion and buying pressure through wicks M15 Wyckoff accumulation cycle, currently looking at the BU/LPS phase with a sign of strength. Spring and Test confirmed after NFP...

MarvinLHarris Updated 

AUDUSD bulls seem to running out of gas! If you check the H4 time frame, we have formed a bearish engulfing at a very strong key level. I will look to aussie to retest the bullish candle to the left of the bear engulfing for entry. Also, we have distribution on H1 time frame and below, in the form of a double top which acts as a strong reversal pattern! Momentum...

MarvinLHarris

EURCAD currently showing wyckoff accumulation schematic. Spring phase has happened on a H1/m15 time-frame. The excess supply has now turned into demand which will set up good buying opportunities! Also, take a look at the squeeze of major EMAs for you indicator based traders. The Canadian dollar has been weak as of recent and this will continue further until...

MarvinLHarris

The Pound-Aussie Dollar has completed a bearish shark harmonic pattern to the exact fibonacci levels! GBPAUD has been on a rampage of an uptrend and looks to go for a much needed correction. This couples well with AUDUSD looking to turn temporary bullish on the 4hr and Daily charts. Shorts will become have a higher success rate near the high of last week. I am...