There is a nice solid trend line. Since June 2009, we can see a trading range which is well consolidated over time defining interesting market supports and resistances.
Finally on the candle of May 2020, we observe a nice rebound on the bottom of the Range,
constituting a potentially interesting level to buy in anticipation of a potential market rise.
Trading range identified since July 2018 with a nice breaking point on March 02, 2020.
Following the break out of Trading Range, we observe a nice downward trend, on the candle of June 8, 2020 there is an explosion on volumes.
What constitutes a potential buying opportunity on this market