SBI - A Divergence on OBV - Is Smart Money Accumulating SBI
SBI 25/11/2018
a divergence seen on OBV. Smart money accumulating at lower prices.
Short Term Trend Line on OBV indicating a 273 SL.
Can be accumulated at CMP and wait for a break out.
a divergence seen on OBV. Smart money accumulating at lower prices.
Short Term Trend Line on OBV indicating a 273 SL.
Can be accumulated at CMP and wait for a break out.
Trade fechado: objetivo atingido:
30/11/2018
This did worked till 290. But the strong resistance of Kumo Cloud did not take it higher.
Respect the resistance level.
Trade closed.
Lessons Learnt:
1. OBV Divergence does give trade opportunity.
2. Strong Resistance must be respected and trade to be closed at resistance level.
This did worked till 290. But the strong resistance of Kumo Cloud did not take it higher.
Respect the resistance level.
Trade closed.
Lessons Learnt:
1. OBV Divergence does give trade opportunity.
2. Strong Resistance must be respected and trade to be closed at resistance level.