Price dropping toward the pivot while volume rises above average shows clear bullish divergence. This creates a strong reversal setup, especially on higher timeframes. The hammer at the trend's end adds further bullish context, and the only missing piece is a bullish MACD
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Price dropping toward the pivot while volume rises above average shows clear bullish divergence. This creates a strong reversal setup, especially on higher timeframes. The hammer at the trend's end adds further bullish context, and the only missing piece is a bullish MACD