Perfect example of Bearish Divergence

Both OBV and RSI show weakness as price makes a higher high, this is a perfect indication of a trend reversal. OBV (on balance volume) measures buying and selling pressure, RSI (relative strength index) measures the momentum of price. Combining these 2 indicators allows you to identify a change in the market before price does.
Centered OscillatorsDivergencefetchOn Balance Volume (OBV)Relative Strength Index (RSI)Trend AnalysisVolume

Aviso legal