hi,
So in this scenario, obv pdc bias is bearish . but price above 240ema and pdc.
1st white arrow is short entry if price and ema/pdc relation is ignored.
2nd white arrow is the entry when price ema is also in sync, according to 1st method.. but price is above pdc and pdh.
What to do ? its a gap up situation..
Sometimes I feel obv is not an allrounder. but its a good batsman.. :thumb:
Just see the vwap chart. even though vah bias was positive, price below -1sd bands indicated downtrend...
kab batsman ko use karna hai, kab nahi karna hai...?
The above post was not meant to offend anyone, nor I am saying anything against OBV, so please don't misunderstand.. thanks