OBV is great indicator not for a buy signal but for selling positions. OBV can potentially indicate pre- capitualions conditions.
Selling pressure is high on the daily time frame.
Lets see. I would be on sidelines for now as capitulations would be ideal for buy in positions.
Selling pressure is high on the daily time frame.
Lets see. I would be on sidelines for now as capitulations would be ideal for buy in positions.