OBV Divergence To Detect Barts And Wyckoff Distribution P2
The recent distribution bart/bull trap showed up on the 15 minute OBV as divergence similar to this previous chart on that idea:
It seems like it's not so easy to actually use OBV to identify it as a bart while it's taking place since it's very dependent on finding the right bar length (that is, 15 minutes works better here than 4 hours).
However once it is found it helps to confirm it as a bart.
It seems like it's not so easy to actually use OBV to identify it as a bart while it's taking place since it's very dependent on finding the right bar length (that is, 15 minutes works better here than 4 hours).
However once it is found it helps to confirm it as a bart.
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.