waiting for a positive divergence confirmationIts Trend(OBV) displays a Bollinger Band squeeze at the bottom of its Donchian channel.
If a positive divergence between Trend(OBV) and its price actions is confirmed , then there may be a big rally after its earning.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for bulls and entries for bears).
Diagonal lines from Fib fan/channel are for trend-determination and additional levels for active trading.
The market is actively moving so the entries and exits constantly change. Trade small if you want to practice!
