Looking at historical levels of volume at pivot points and reversal zones (magenta lines), the closed volume on a 1H candle is as high or higher then previous pivots. This is a strong sign for a reversal. The bulls are returning to the market.
Disclaimer
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.
