Another one for NZDCAD, is this valid entry? There is hidden bearish divergence on Price and OBV Rule 2 (Short term divergence)
Also rule 5, Price to OBV showing divergence between MA's. Rule 6 probably comply as well and seems price react off Big round number, which in this case is 8800.
Saying that longer term trend is up, so probably should be looking for Buy rather than sell, which again i am aware of but apart from that does this fit our strategy?
Also rule 5, Price to OBV showing divergence between MA's. Rule 6 probably comply as well and seems price react off Big round number, which in this case is 8800.
Saying that longer term trend is up, so probably should be looking for Buy rather than sell, which again i am aware of but apart from that does this fit our strategy?