Candle exhaustion indicator & CVD
The Kingfisher candle exhaustion indicator (major/minor long/short) signals tell a lot about the state of the current trend, and especially when it loses momentum and ends.
That and the CVD (Cumulative Volume Delta) can help one precisely understand how the buying/selling volume is being absorbed (or not) by the traders on the other side of the book.
This in turn can help identify the strength of different price action scenarios, as they’re playing out.
Note: Play on the <1 min timeframe for great scalping opportunities
Last modified 2yr ago