Usage of OBV and Divergence

1. Example of powerful tools of PVA Analysis.

2. The analysis that can be done are :

a) Price making higher high but not followed by volume
b) An inverted hammer is formed with high volume (shown selling off by market maker)
c) A bearish divergence in RSI
d) A bearish divergence in OVB

3. All of this clearly shown that price is exhausted and a retracement is highly likely.