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Congratulations to mooers @70673172 @ZnWC @Skyblue82for winning 200 points. Thank you for your excellent comments under this post~
All of your posts and comments are appreciated! Thank you so much for joining the "TA Challenge: How does OBV reflect the relationship between volume and price?" The rewards will be distributed to you within 15 working days.
All of your posts and comments are appreciated! Thank you so much for joining the "TA Challenge: How does OBV reflect the relationship between volume and price?" The rewards will be distributed to you within 15 working days.
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Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...
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