Always watch out for Divergence Make Sure you incorporate Divergence in your analysis because prevents you from entering Wrong position or god forbid getting stopped out In this chart we can see Regular bearish divergence is shown on H1 and following that price dips down but later on manages to recover.
The power of support & resistance combined with Candle stick patterns is amazing. But added confirmation of Divergence gives us much more certainty. At the point of cross we had everything needed for long trade 1. Support 2. Trend line 3. candle formation 4. Regular Bullish divergence So neat and clean
The Power of channel line combined with Support and Resistance is Phenomena. You can see how beautifully price reacted to areas of support and Resistance and now is retesting the broken channel line in H1. Provided that support is shown we can aim for previous high.