JoshJo_
Long

GBPJPY Hidden divergence with the OBV

FX:GBPJPY   British Pound / Japanese Yen
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8
GBPJPY showing a hidden divergence with the OBV on the 4H. If this trend pattern holds we'll see a continuation to the upside. Alternatively, that a possible reverse H&S has formed on the same time frame with the shoulders at 130.716 and the head at 129.669

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What is OBV?
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JoshJo_ sssfxorshi
@sssfxorshi on Balance Volume it’s an indicator that tracks an asset or indices trading volume and sometimes when there’s a divergence in volume and trend we can see a trend reversal. But don’t use this in isolation pair it with other pride action strategies
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JoshJo_ sssfxorshi
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