In the first box, you can see Bulls needed a few weeks to make their move. The Bears needed many months trying to push for a 100% retraction that never comes.
In the second box, you can see the same pattern. This time the falling wedge is way bigger than the first.
Bullish divergence on volume (in billions), you can check it out on OBV - On Balance Volume.
We also have an ascending channel with higher highs and higher lows.
If you liked, hit the thumbs up and share!
Thank you!!!
In the second box, you can see the same pattern. This time the falling wedge is way bigger than the first.
Bullish divergence on volume (in billions), you can check it out on OBV - On Balance Volume.
We also have an ascending channel with higher highs and higher lows.
If you liked, hit the thumbs up and share!
Thank you!!!
"Veni, Vidi, Vici"