4H chart - second support has turned into a resistance with first support becoming overall support. According to previous patterns, I am expecting it to bounce off the first support long. My confirmations are: Objects drawn, 3 candlesticks riding above EMA line, RSI shows to be decent (showing upward momentum).
30 min - continues to show upward momentum with it passing second support & a new resistance at around 1.24954. It continues to ride above EMA, RSI still looking decent. - update - it has passed initial resistance & is now being used as a support with a new resistance at about 1.25365. It is still riding above EMA line. RSI showing to be overbought but I believe it is because it is still around the new resistance. Will confirm it once it begins to sell off toward its support.
@segunby, I almost didn't catch the bull when it began to get rejected. I made an updated post of GBP/USD using 30 min chart & was able to see a more clear chart using that timeframe (thankfully lol). Your analysis is very detailed & easy to understand! Thank you for sharing your thoughts with me, I really appreciate it! :)