GBPUSD to spot Divergence and Trend Reversal
1. Black support line broken = down trend started
2. Blue Line is the original Resistance or "Top" where price would reject from it
3. Red Line is the original Support from down trend where the price would reject from it
4. orange line is the "New Top" from down trend where the price would reject from it
5. 3rd support broken and price move below the red line as i marked with yellow triangle, that is where the abnormal price is happen and as you can see CCI and Stochastic created Higher Low
6. DO NOT REMOVE THE TREND LINES so soon
7. Price broke Orange Trend Line, CCI(30) crossed 0 value, then broke the Blue Trend Line (The Original Down Trend Line)
8. Absolute Bullish Reversal we spot there.
2. Blue Line is the original Resistance or "Top" where price would reject from it
3. Red Line is the original Support from down trend where the price would reject from it
4. orange line is the "New Top" from down trend where the price would reject from it
5. 3rd support broken and price move below the red line as i marked with yellow triangle, that is where the abnormal price is happen and as you can see CCI and Stochastic created Higher Low
6. DO NOT REMOVE THE TREND LINES so soon
7. Price broke Orange Trend Line, CCI(30) crossed 0 value, then broke the Blue Trend Line (The Original Down Trend Line)
8. Absolute Bullish Reversal we spot there.