So looks like it bounced from the middle of the channel. Making a higher low on the hourly.
Here's it with the 1H ichi on top.
the second image will be the 4H ichi chart - as we are in the cloud and it's showing resistance at the top. A breakout of the cloud coincides with a breakout of the channel so it would be strong to my mind.
Image 1 - 1H Ichimoku.
Image 2 - 4H Ichimoku
Doesn't seem a proper place to have one, but could that be a HnS forming on the 4H? - it doesn't look like it on the one hour as the right shoulder is higher.
Here's it with the 1H ichi on top.
the second image will be the 4H ichi chart - as we are in the cloud and it's showing resistance at the top. A breakout of the cloud coincides with a breakout of the channel so it would be strong to my mind.
Image 1 - 1H Ichimoku.
Image 2 - 4H Ichimoku
Doesn't seem a proper place to have one, but could that be a HnS forming on the 4H? - it doesn't look like it on the one hour as the right shoulder is higher.