Update ( advanced             study) – see previous posts or thread for more info. Note if some indicators look different to yours it could be that I’ve converted them to log scale, and customised. Here’s how I picked the vertical bars above. Picked all the fractal highs with pivot points which also corresponded with same colour Aroon at 100 (see chart with Aroon below). I then took the volatility of those days and extended it by three days to form a pink box.

In the above chart note that green boxed areas correspond with MACD indicator where fat green line rises and then blue histogram bars start appearing – all like the pattern now.

See previous posts for charts/arguments of what could be bearish instead.

Here’s how I picked the vertical bars above.

Here’s previous study (zoomed out) using standard MACD .