Interesting Pattern in NEW Volume Delta indicator

1 May

This TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.)

My strategy:

I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows.

The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses, signalling a reversal in the market trend.

1 May

Not

Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.

1 May

Not

54k is still my buying price. Nothing has changed in that regard. Although we may go lower to 52k or even 48k. Let us wait and see.