Kevins1987

Kevins1987

Price seems to have found support at the bottom of the bullish channel. It is also at a support zone. 4h candlesticks reflect nice resistance at this zone. 4h RSI also overbought.

Kevins1987

Price seems to have exhausted its upward momentum, 4h still remains in an upward trend however I believe there should be a retracement before anymore upward momentum. 4h and 1h RSI Stochastic overbought. Price has touched the top of the KC and a bit above MA's which may indicate a good entry.

Kevins1987

Price seems to have formed a DT, Previous target to the downside was not met, so I had reentered at the top of the channel. 4h is still bearish and has some downward momentum. If my target is not met before Powell speech i will liquidate my position.

Kevins1987

Seems Price is forming a DT. Price action and indicators both in my opinion confirm a swing to the downside.

Kevins1987

Price seems to have found support, although overall trend is bearish on the 4h, price seems to be respecting the bullish 1h trendline. price is also sufficiently under EMA's for good entry.

Kevins1987 Updated 

Seems price has found support at the bottom of the upward trend line. Price also touched KC and 4h hour RSI stochastic is oversold and has crossed to confirm upward momentum

Kevins1987

Seems like price has found resistance at the bottom of the upward trend line. KC has been touched and RSI oversold. Lets see

Kevins1987

Price seems to respect the top of the bearish channel plus price is at the top of the KC channel and both 1h and 4h RSI is overbought, maybe we will see some downside

Kevins1987

It seems price is close to support and may reverse for a bullish move if trend line holds.

Kevins1987

Price has found a bit of resistance and formed a nice evening star on the 4h, stochastic overbought and seems RSI moving to negative territory

Kevins1987

Price seems to be respecting the bullish trendline, price is also very close to the bottom of the Keltner channel. Price is also below EMA's which my still confirm a good buy entry. 4h RSI is pushing to positive territory whilst Stochastic is oversold

Kevins1987

Price has found support and may have formed a DT on 4h. Price is also at the top of the Keltner channel. 4h is still a bit overbought so I do believe there will be some downward pressure

Kevins1987

Price has found support and is at the bottom of the Keltner channel, price also has pushed below EMA's which is a good entry in my opinion. Overall price is still in a downward trend on the 4h but it seems price needs to push up first. RSI still negative but close to the mean and stoch RSI is overbought on 4h

Kevins1987

Price is still on a downtrend and is at the top of the channel, price is also way above EMA's which confirm a good entry. Price is also close to the top of the Keltner channel. 4h RSI and Stoch RSI is very overbought

Kevins1987

Price has hit a demand zone and found support, price is also touching bottom of keltner and both 1h and 4h RSI stoch is overbought.

Kevins1987

It seems price is not breaking resistance and should drop a bit. 1h and 4h is overbought and at the top of the keltner channel

Kevins1987

Price seems to have reached top of the bearish channel on the daily. Daily and 4h TF's are over bought. Keltner confirms a sell. I am placing a tight SL as GBP has news today which might affect my analysis.

Kevins1987

It seems price has found some resistance after yesterday's CPI news. Might be forming a DT while touching the Keltner channel which in my opinion is confirmation. I have placed my target at the 50% fib as I doubt the downward momentum might not last long as we are still in an upward trend