Price reached a strong resistance mark on the Fibonacci level, tested, fallen back and now a few 1hour candles have hovered and not managed to break the resistance level again.
4Hr Stochastic signalling a downwards curve to momentum.
1Hr Stochastic entered momentum and has past a TA wedge on the indicator which I will show below.
Price is in an upwards trend inside a range.
Placing a trade based of the price action within the price range.
1Hr Stochastic is indicating an oversold market.
4Hr Stochastic is indicating an oversold market.
USD price at the top of a strong resistance line.
4Hr stochastic is signaling the market is overbought.
1Hour Doji at 6am indicating a price reversal.
The price tested the channel resistance line and now seemingly reversing.
Price under 200 Day SMA confirming downtrend.
!hr Stochastic indicating the market is overbought reaffirming the price reversal.
15Minutes 5day and 8day SMA crossing suggesting a reversal.
Price is currently at the top of the falling channel.
1Hr Stochastic is reaching an overbought status.
1Hr Ichimoku cloud is confirming the downwards trend.
4Hr Ichimoku is also bearish.
Continuation of the GBP/CHF short
Trading underneath Ichimoku cloud to confirm downtrend
Consolidation of price overnight and price momentum picking up short
Price has the potential to continue to the lower support line around the 131 mark.
Potential continuation of the downtrend.
Relatively negative news for GBP at the moment with more threats of a second lockdown and with coronavirus cases rising.
The dollar is picking up strength at the moment so may see the £ weaken further.
1Hr chart has seen a consolidation of the price through the Asian Hours and then a short in price running up to the opening...
The Daily chart is indicating an upward swing which has the potential to last a few days until the price reaches back to the 106.190 mark.
1Hr price action looks like it is currently pulling back, placing a trade before the London session starts to potentially catch the European volume.
Price action has broken through the Ichimoku cloud confirming an upward trend...
4 Hr Bullish Pin Bar on the 10am candle.
Most USD pairs turning bearish.
4Hr Stochastic suggesting a reversal of price action to be bearish.
Previous 4Hr candles ranging and showing signs of uncertainty.
Consolidation of 1Hr candles and slight pullback allowing short positions to take profit and new sellers into the market
Price trading well beneath 200Day SMA confirming the downtrend
1Hr chart trading in the momentum zone of stochastic
3 Bullish candles on the 1Hr chart.
1Hr chart 3 bearish candles suggesting the price may continue downwards
Price has broken through the Ichimoku cloud confirming a downwards trend
1Hr Stochastic suggesting a continuation of bearish momentum
Consolidation of 1Hr candles through the Asian hours suggesting pent-up demand for a move
Daily stochastic is indicating the market is overbought
4Hr stochastic is indicating the market is overbought
1Hr stochastic is indicating the market is overbought
Although the market is in an up-trend and it is generally against my ethos to trade against the trend, the price is hitting a resistance level which has been tested 4 times, and potential looking at a...
Trading the range...
4Hr stochastic indicating the market is overbought
1Hr indicating the market is overbought
8am candle has started to reverse price direction by engulfing previous candles
The daily chart looks like the price has bounced off a 5 times tested resistance line.
4Hr chart has crossed through a 200 day SMA confirming a bearish trend
4Hr bearish confirmed by passing through ichimoku
1Hr stochastic RSI signal lines are about to cross and indicating a price reversal... the % lines are also near the 50.00 range
It looks like the price has...
1Hr Stochastic entering the momentum zone towards 50 mark.
1Hr 8am candle confirms bullish momentum.
Price recently bounced off the bullish trend line.
5 and 8 day SMA has crossed, confirming a reversal in the price action.
15Min 9am is a bullish pin.