There is one thing and one thing only that you need to know, ignore the double bottom that we saw recently in other charts and the bullish divergence, just ignore it.
Now look at the session/candle marked 16-June... Look at the volume. This is everything that you need to know.
When you see high volume when a pair hits a new low, you know that whales are loading up.
When you see tons of buying when prices are low, you know what follows... Look at the green arrow on the chart; a major bullish jump.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.