OBV and Wyckoff

Advanced Lecture 2.3 - OBV and Wyckoff
In the 1930s Wyckoff told us that the market accumulated orders at the lows then had a false breakout to induce people to go long. A second peak which didn’t break the high was formed and then came down to take out their stops before finally going up.
When you get the HH and the second peak after the accumulation you will probably get a bearish divergence here. It will probably be evident on the LTF and will lead to the turtle soup.
The one rule with Wyckoff schematics is that the stop run should take out every low except the selling climax before the accumulation for it to be valid. It’s highly likely you will get some sort of OBV divergence between the accumulation and the stop run.
The exact same sequence happens the opposite way around for shorts.
On the H4 we would go down by a factor of 30 to the 5m TF to analyse the Wyckoff structures. They don’t always look the same but they’re there.
To look at the structures the 5m is better but the divergence maybe easier to see on the 15m
The best divergence will be found at the optimal trade entry and is also the easiest trade to take.
It is not about trying to get in at the up thrust but about trying to get in at the OTE at the right PDA.
This will give you at the very least a 5R trade. Getting in at the peak of the up thrust would mean having to put your SL too far away.