1. Price has found support at the .25 angle and then had supporting volume at the end/beginning of a Gann time cycle. Ideally we would have price trade, hold and close above the horizontal black line, which represents an important historical harmonic period. 2. If the idea for number one pants out, we should expect to see some action at this confluence area of price, time and momentum. The most important here is the 45. 3. RSI is crossing above oversold levels on the RSI.
Nice reversal structure forming. We have some nice hidden bullish divergence on a major swing low to our current swing low. And on a short frame, we have regular bullish divergence showing. Also, we have price rejection at an important angle.