DrecoFx_

DrecoFx_

EURAUD has been riding in this obedient channel and respecting the major support and resistance. I hope to see a fall to the precedented Target! If you like this, give it a thumbs up:), If you don't Like this.. Click the follow icon!

DrecoFx_

The chart explains all, have another idea? Do well to write it below in the comment section.

DrecoFx_

Broken out from a descending wedge pattern and retested successfully, we hope to see growth. My personal Target will be (90.360) with my Sl below previous low to be conservative. It could retest and surge higher who knows:))

DrecoFx_

Australian Government declared that Sydney will go into Full lock-down. We all know the ripple effect of this action and what we should expect on this pair" I hope to see some Bullish trend all through next week. DO like, follow and comment.

DrecoFx_

Clean price action. Nothing else.

DrecoFx_

We can spot a descending wedge on the EURCAD and we know how this pattern trades. We should expect a bounce from the support, then a breakout most definitely to the channel resistance.

DrecoFx_

Bullish reversal for sure.

DrecoFx_

Chart explains itself.. Stoch is also oversold. Bullish reversal be lurking around.

DrecoFx_

After the break of the Range, we saw some bearish momentum heading to the downside. Price is currently approaching a strong support and we hope to see a price reversal towards the previous support turned resistance. In the Monthly Timeframe, we can see that price is clearly overbought and will Fall anytime sooner. So our long' will be short-term. Do support...

DrecoFx_

Shorts should start filling in..

DrecoFx_

STOCH+100MA+TREND MOVEMENT= BEARISH MOVEMENT. Do read the chart first before opposing my analysis. Thanks

DrecoFx_

Wait for a pullback to go long. Price rejected the trendline support on the weekly timeframe. Expect a Bullish move to the upside.

DrecoFx_

The chart explains it all. Retested and ready for a judicious Dive.

DrecoFx_

We can see that GBPCHF has been consolidating for so long. However it is approaching clusters of resistance, I hope to see a Rejection then a Fall to the Support.

DrecoFx_

After the complete breakdown and rejection of EUR/NZD from the resistance, we saw how this pair bounced off from the minor support and it is now heading towards the resistance. We should watch out for price action from 1.7000, we should be able to short from there with SL above 0.71000. Do trade carefully, Like and comment to enable me post more frequently....

DrecoFx_

The chart is simple and explains my idea. Trend is broken, time to long.

DrecoFx_

We could see a bearish flag in the chart, watch for a successful retest before going short. Target could be $32k if price should fall from Resistance.

DrecoFx_

The EUR/USD was riding in an uptrend throughout April until the break which is leading to a new trend. We could spot the Descending channel in which price is respecting both the Resistance and support. Price is approaching the Support region of the channel, which will definitely bounce to the upper channel. We could meticulously catch 60-80pips from this...