Cable descent?

Howdy Dynamic Traders,

Below is the 4 hour Cable chart. Price reached the 1.44 mark and tested previous support which has now turned into resistance. However, it failed to break up and produced a reversal candle. If the pound does not muster up enough momentum, it may well resume its downtrend. MACD has been showing divergence for several candles now. Note other confluence of events highlighted on the chart.














Question 10
What don't I see?

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Bijal Shah