medium · Order Flow Analysis footprint-delta

Which specific condition defines a 'Bearish Delta Divergence' on a footprint chart?

  1. Price makes a new high, but cumulative delta makes a new high as well.
  2. Total volume increases while delta oscillates near zero.
  3. Price makes a new low, but delta is positive.
  4. Price makes a new high, but the bar delta or cumulative delta is negative.

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