DrecoFx_

DrecoFx_

Posted this Idea on the 28th of this month, then price did a fake-out and made its way back into the channel. Now we can see that the price is currently testing the support of the channel. Stochastic is clearly Oversold, We hope to see a Bullish turnaround real soon. What your thought about this? Do well to write it down in the comment section. Get 200yrs...

DrecoFx_

They said a wedge isn't complete till it is broken"! The GBPUSD breached the rising wedge support last week. I hope to see price retrace to the resistance before falling to the desired price. We will be reactive and not predictive while trading this, so I am looking for a little wedge formation to play out at the resistance before a free fall could occur....

DrecoFx_

Currently testing the resistance of the rising wedge, the candlesticks seems weak for a breakout. I am bearish on this pair and I hope to see price fall to the prescribed target. What do you think?

DrecoFx_

This pair recently broke out from a rising wedge pattern and is currently consolidating in a box like shape. Expect some Bearish force pushing it to the previous Lows. We will be reactive and not predictive while trading this Instrument. That why we will look for a break and only then we will trade this setup. What do you think Do well to Like, Follow to...

DrecoFx_

This instrument is currently riding in a bearish triangle and it is currently testing the trendline support. Stochastic being overbought added as another confirmation to be bearish. Using the 15 min timeframe, I spotted a bearish box which made me more bearish on this pair. We will be Reactive and not predictive still. We look for a breakout and only then, we...

DrecoFx_

Bearish sideway consolidation.. I hope to see price crumble and fall to the prescribed target. Trade with caution using your own analysis and proper risk management. What do you think of this?

DrecoFx_

You can still catch the trend. SELL!!

DrecoFx_

Expect a downwards movement from the resistance. An evening star is forming at the resistance, a sign of a bearish reversal. A break of support will confirm my bias and outlook. What do you think?

DrecoFx_

A breakout has been spotted, we expect some Bearish movement as soon as possible. What do you think?

DrecoFx_

Bullish box has been spotted. Wait for a breakout. What do you feel?

DrecoFx_

Trapped in a descending wedge, I hope to see some relaxation before breaking the resistance. Possible target will be at the top of the wedge. What your suggestion? Do well to write it below.

DrecoFx_

Got rejected from resistance. Suitable for a short position. What do you think?

DrecoFx_

There was a confirmed breakout of the previous Falling wedge followed by a little consolidation. We will be reactive and not predictive while taking this trade. Wait for a break of the trendline resistance before placing a long. What do you think? Write it in the comment section.

DrecoFx_

Rising wedge been spotted on the 30Min Tf. We will be reactive and not predictive while taking this Trade. Wait for a break then it is safe to sell. What do you think?

DrecoFx_

Bearish movement and some kind of bearish consolidation. Expect a fall from 0.87900. What do you think?

DrecoFx_

Sell the retest! Possible target should be aimed at the base of the wedge. My last target will be 80.200. What do you think?

DrecoFx_

CADJPY just broke out of a rising wedge. Expect some bearish movement all the way to the support region. What do you think?

DrecoFx_

Bearish trend.. I expect a break from the support region. If you like this, do support me by liking and commenting on this post. Lastly, what do you think?