mljones

OBV Divergence To Detect Barts And Wyckoff Distribution P2

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BITSTAMP:BTCUSD   Bitcoin
The recent distribution bart/bull trap showed up on the 15 minute OBV as divergence similar to this previous chart on that idea:


It seems like it's not so easy to actually use OBV to identify it as a bart while it's taking place since it's very dependent on finding the right bar length (that is, 15 minutes works better here than 4 hours).

However once it is found it helps to confirm it as a bart.
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