On-Balance Volume (OBV) is a crucial tool for traders, helping to measure the flow of volume relative to price movements. This video provides a comprehensive breakdown of how OBV confirms trends, identifies divergences, and validates breakouts.
- Understand what OBV calculates and why it matters for trading.
- Learn how OBV confirms trends by aligning with price movements.
- Discover how to spot OBV divergence and what it signals for trend strength.
- Find out how OBV validates breakout scenarios and when to trust them.
- Recognize the common mistakes traders make when using OBV.
- Identify the ideal market conditions for OBV to be most effective.
- Understand the difference between volume flow direction and price movement.