There is a good cypher pattern on the 4hr + break of last trend (line) + divergence on the RSI . I will get in to long after another bulish signal of price action to a 1:4 trade
After a double top in the 4hr there is a Gartlley pattern on 1 hour that suggestive to short. I will go down to 15 min to see price action on the 76.8 fib and take a 1:2 trade.
Cypher pattern on the 4h - Long . 1:1 target 38.2 fib.
Head and Shoulders pattern , the entry was on 38.2 fib of the right shoulder - target on 88.6 fib of the first swing move.
There is a Bull flag on the GBP/USD for long
Resistance of the trend line, resistance of the blue line, 50% fib retracement resistance of the EMA 50 and hidden divergence of the RSI - all for Short
Break of the trend line and support of the EMA 50 + 38.2 fib - long
Break of the trend line for long -pull back to 50% - 61.8% fib .
Divergence , resistance of the 50 EMA and the line ,it seems that we go down.
There is a setup for long on the trend line with 2618 formation and divergence
There is support of the 50 EMA and the trend line for long setup.