Blue_Eyed_Owl

Blue_Eyed_Owl

Gap down on the daily yet to be filled, strong volume crossover on daily timeframe. RSI strengthening on 4hour timeframe, stronger than proceeding bounce. Hammer at the bottom of trend on weekly timeframe, should be a strong signal, possibly shooting past the gap of the course of the new few weeks.

Blue_Eyed_Owl

Strong price support here for GBP/USD pair based on 1000r graph. Price ranges tightening suggest upcoming reversal to upside.

Blue_Eyed_Owl

First attempt outside of the triangle failed, looks like we are the long term support. I think we will bounce off here for a bullish breakout.