On Balance Volume (OBV) Technical Indicator Based Trading Strategy | On Balance Volume Indicator OBV
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On Balance Volume (OBV) Technical Indicator Based Trading Strategy | On Balance Volume Indicator OBV
OBV gives the most reliable feedback around tests of major highs and lows, making it a perfect tool to measure the potential for breakouts and breakdowns. It's a simple process, comparing the indicator's progress to price action and noting convergence or divergence relationships. On Balance Volume (OBV) measures buying and selling pressure as a ...
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