Drecocpt_

Drecocpt_

The chart is self-explanatory, this instrument broke out from a falling wedge and is currently consolidating in a bullish box. Watch out for a break of resistance, then long to the calculated TP. What do you think?

Drecocpt_

The Rand seems to be getting some serious pressure, locked in this channel and it's inability to break the support line. USD seems to be gaining a bit of strength and I anticipate a strong reversal to the upside in the coming week. What do you think?

Drecocpt_

This instrument is currently in a bearish formation, It broke out from a rising wedge and it is making it way to retest the former support turned resistance. I hope to see a proper rejection from the resistance to the predicted target. What do you think?

Drecocpt_

We can see a break of the falling wedge pattern, price seems to be doing a retest. I hope to see a successful retest, which will be my trigger to go long. What do you think?

Drecocpt_

This instrument is currently bullish, and is riding in a bullish Pennant. Price is expected to relax/reject back to the support region before gathering momentum to break this bullish pennant. Anyways we should enter this with caution because the market isn't set in stone" anything is possible. If you have any opinion that will be useful to us all, please do well...

Drecocpt_

Using the daily timeframe, I spotted a channel in which this instrument has been riding in for a while now. However the stochastic is also oversold which is a sign of a heavy bearish reversal. An evening star or any of its kind would trigger my sell position on this fantastic pair. What do you think? Do well to comment.

Drecocpt_

This will be a nice instrument to watch, it exotic and also proves to be stable. It expected to reverse from the speculated point to probably the top of the resistance. We should be able to wait for some bullish reversal pattern like the morning star or the Bullish engulfing candle. What your take on this? Do well to share. Thanks.

Drecocpt_

"Every cloud has a silver lining" Fortunately this instrument is about to bounce from the bearish trend. From my calculations. I expect a Bullish reversal from $20.60 Region, It will be wise to wait for a rejection at that area before taking any action. My final point would be $29.0. Thanks!

Drecocpt_

All I see here is a break from the bearish wedge, the trend also is very bearish. A retest to the previous support turned resistance will be my trigger to short. Trade wisely!

Drecocpt_

This stock has been elevating for a very long time now, we should ride with the trend still. However it is approaching the support region and it is already displaying a little bit of rejection. I expect this instrument to reverse higher. I am Bullish On this one! What are your opinions? Happy New year!!

Drecocpt_

AUD/JPY has been riding in this wedge pattern for some while now. The break below shows that price has turned bearish. Price should do a little pull-back to test the support turned resistance before swinging down. What do you think?

Drecocpt_

Currently riding in a bullish pennant, we should expect a break of resistance. Proper risk management should be done while entering this trade. Do like, follow and comment! Thanks.

Drecocpt_

NZDUSD is clearly in an uptrend and by that we should be looking for opportunities to go long rather than short. A bullish box or consolidation clearly shows that this instrument is ready for a take-off. Proper Risk management should apply to this entry. Possible target is 0.7300 Follow and like for more!

Drecocpt_

Price is steadily approaching the nearest resistance. We should expect some rejection from there. A rejection from there will send price to the nearest support. Do like, comment and follow up for more.

Drecocpt_

Expect some Fall from resistance, No long talk. What do you think? will this break and soar higher or will it reject and swing below? Feel free to write it below.!

Drecocpt_

Broken rising wedge simply tells us that the Bullish ride is coming to an end. I am optimistic that price will crumble to the prescribed Target. I hope for a retest to the trendline before price reverses to the downside. Please do give this a Like and also comment' and follow for more.

Drecocpt_

I am neutral for now. Expect any movement soon, the wedge which can be seen as a Bullish Flag and also as a rising wedge... could move in any direction. Let see which way it obeys!

Drecocpt_

Broke out from a rising wedge, I hope to see a retest. Price ought to fall after the retest. Aim at the previous lows/support. what do you think?