You can see how the bullish divergence formed on the OBV
It was confirmed once the price action closed up
I have set an approx TP based on .702 retracement from the start of the last big drop, retracing up to .702
Will stay flexible though
Will watch out for the new trend to breakdown, using stop loss, but equally, will stay flexible on the upside and if a continuation invalidates my TP I will manage it manually upwards
It was confirmed once the price action closed up
I have set an approx TP based on .702 retracement from the start of the last big drop, retracing up to .702
Will stay flexible though
Will watch out for the new trend to breakdown, using stop loss, but equally, will stay flexible on the upside and if a continuation invalidates my TP I will manage it manually upwards