For a Bullish Breakout (Ideal Condition):
Volume Surge:
A significant increase in volume above the 180 JPY resistance confirms buyer interest and potential breakout.
OBV Reversal:
OBV should start making higher highs, signaling accumulation.
CCI Recovery Above 0:
Move above 0 confirms momentum shift toward bullish sentiment.
ROC Turns Positive:
Positive momentum supports sustained price growth.
CMF Above 0:
Inflow of money indicates institutional or smart money buying.
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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.