DrecoFx_

DrecoFx_

Bearish double top pattern. Price is in the retest range, I look forward to some bearish action What do you think of this idea?

DrecoFx_

Facing a strong support, a bounce off is guaranteed. What do you think?

DrecoFx_

Approaching a strong confluence of resistance plus the stochastic being real overbought, I expect a bearish reversal at this area. I am bearish on this trade so as the DXY Index is bearish having failed to break the strong resistance, USD looks weak this coming week and I am pretty much with it. What do you think?

DrecoFx_

This pair is hovering around the trend line resistance and also consolidating in a Box like pattern. It is best for us to wait and see how this plays out, it could be a breakout or breakdown. What do you think?

DrecoFx_

The chart is self-explanatory, after a breakdown of the consolidated box pattern, I hope to see a proper retest from the support turned resistance region and a continuation to the downside. What do you think of this Bias? Feel free to drop any comment below. Follow for more!

DrecoFx_

A bit of bearish reversal to the downside for a complete formation of the head and shoulders chart pattern. I expect a bullish movement after the expected formation to the upside. What do you think? Follow for more!

DrecoFx_

Looking for a sharp entry on this one, as anticipated.. we are bullish on this pair and I would love to see a beautiful retest and perfect reversal to the upside. What do you think? Interested In getting first-hand analysis...? Follow me!!!

DrecoFx_

Currently testing a confluence of resistance, however there is no sign of a bearish takeover yet. I hope for a break of structure and bullish continuation to the upside. What do you think? Follow for more.

DrecoFx_

Price is currently testing a confluence of support turned resistance, and it is showing a bit of bearish reversal. The trend is bearish and I hope to follow it after a successful retest. What do you think? Follow for more!!

DrecoFx_

A rough sketch of the bullish cup & handle formation , I expect a temporary bearish reversal to the downside and from there we will lookout for the break of the handle to the upside. I am long-term bullish on this, and lookout for a bullish takeover in the coming weeks. What do you think? Follow for more.

DrecoFx_

Head and shoulder formation, GBPUSD is looking really bearish. Short from the break of neckline. What do you think? Follow for more.

DrecoFx_

As simple as it looks, a break of support from the consolidation is a sign of bearish reversal. I look to short this market, I guess that would make me bearish. What do you think? Follow for more.

DrecoFx_

The chart explains itself, I expect some reversal from the resistance. Looking forward to a bearish turn. Follow for more. Like and comment your ideas.

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Simple analysis needs no explanation. Trade on your own discretion. Follow for more.

DrecoFx_

Carefully watching this pair which broke from a rising wedge and is about to retest the former support line turning resistance. There is a convergence of two technical resistances at price 1.4757. This means that at this resistance confluence point, selling volume is likely strong and is a good price level to exit/sell your position. My entry is : 1.4757 Take...

DrecoFx_

The chart is self-explanatory, GBPJPY was riding in a rising wedge before consolidating. This pair is currently testing the former support turned resistance. What do you think? Follow, Like and comment for more insights.

DrecoFx_

Carefully reviewing this pair, and noticing a divergence between the charts and oscillator( Stochastic). This pair is in a bullish Box and is currently retesting the support region. This could break or could be a successful retest, if this happens we could either be going short or long. However looking at the structure of the chart, I am very much optimistic and...

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Riding in a rising wedge, this pair is showing great sign for a fall. Slightly forming a "Box-Like Pattern" we should expect a break from the bottom, most probably. Looking at the weekly chart, It is currently in testing and displaying a shooting star candlestick formation . I am very bearish on this pair and would love to know your speculations. Like, Follow...