Wyckoff 2.0: Structures, Volume Profile and Order Flow (Trading and Investing Course: Advanced Technical Analysis) by Villahermosa Rubén

Author:Villahermosa, Rubén [Villahermosa, Rubén]
Language: eng
Format: epub
Published: 2021-02-04T00:00:00+00:00

4.5.2 Problem #2 Delta Divergence

What happens when the Delta is not in agreement with the price? In a positive Delta its candlestick is expected to be bullish; and in a negative Delta, bearish. Divergence would appear when we observe a negative Delta on a bullish candlestick or a positive Delta on a bearish candlestick.



If all that appears on the ASK were market buying with the intention of adding upward pressure, it is impossible for a positive Delta to result in a bearish candlestick.

Continuing with the same example as above, we see that the bearish candlestick that originates the turn has a very positive delta (+235).

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