The reversal did not happen as early as perdicted, but the movement, correction and finally the reversal, were all linked to session times. Ideally using session times alone is not a good strategy, but they are significant and I am surprised so many intraday guys ignore them (possibly because they are a pain to ...
The AOS ATRplus indicator was designed for Intraday charts, but it can be used on longer periods.
Looking at GBPUSD with a 1 day chart the AOS ATRplus shows a curious trend.
Could GBPUSD be about to drop a little ?
The AOS ATRplus indicator is plotted on the same scale as the price making it easy to see strength/weakness and gives a good indication of times to enter/exit trades when the price significantly crosses the ATR line.