OBV moving up slowly but surely with price.
Now consolidating in triangle on hourly with volume increasing. Next major resistance is around the 1450 area where green line is marked.
Place stop loss below the low point of triangle for a great risk vs reward trade.
Now consolidating in triangle on hourly with volume increasing. Next major resistance is around the 1450 area where green line is marked.
Place stop loss below the low point of triangle for a great risk vs reward trade.
Trade closed: stop reached:
Broke below breakout of triangle. Trade closed for a 4% loss.