BOB finally started to show strength for a bullish move, HOWEVER it got stuck on the OBV at -3 million, the same level as the last peak. What I would do in 3 different scenarios:
- If I bought after that engulfing (first green bar after the start of the rally): I would prepare to exit at break-even.
- If I hadn't entered yet: I would wait for a movement similar to what I drew with the red line, entering after the retest at resistance (blue line).
- If I were a Holder: I don't even know why I would be looking at a 4-hour chart 🙂.