NZDUSD Falling Wedge And divergence on the obv(4h chart)
as you can see we are in a falling wedge
On the 4 hour chart we see a bullish divergence on the OBV
We are waiting for the right priceaction for a buy order.
you want to see a closed candle close outside the falling wedge on the day chart for correct conformation
As you can see the price is still in the falling wedge
On the 4 hour chart we see a bullish divergence on the OBV
We are waiting for the right priceaction for a buy order.
you want to see a closed candle close outside the falling wedge on the day chart for correct conformation
As you can see the price is still in the falling wedge
Note
Break downsideNote
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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.