This is one of the many many technical reasons for a bottom here."Bullish engulfing candles"(weekly) where a trading period engulfes the range of the previous period.
look all you like on this chart you will only find them at the begining of a new trend.
this currrent one coupled with the double bott on the daily chart (also at the bottom of a very large 5 wave decline) is a gift!![]()
Add to My Watchlist
What is My Watchlist?