Spotting bearish divergence on tops using my setup.
Comentário:
The theory behind bearish digence on tops is that it shows you have reacheda higher price with less buying volume. There less interest in buying that price and has less volume supporting the price resulting in a reversal.
On the flip side when bottoms hit similar levels n OBV with Higher lows this can confirm balance with the macro trend and act as support validation and reversal signal.
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On the flip side when bottoms hit similar levels n OBV with Higher lows this can confirm balance with the macro trend and act as support validation and reversal signal.