Long
OMG will fly to $28-30 but first needs land at $6-8 range
Here is my analysis:
1) I think we finished the B wave (main wave: 3rd correction wave), which was an ABCDE formation. (Chart on the right)
2) C correction wave can extend to $6-8 range. (Chart on the right)
3) The next impulsive wave can go up to $30, which is an E wave. (Chart on the left)
4) This is my dream but afterwards, OMG can go higher but not sure where. (Chart on the left)
1) I think we finished the B wave (main wave: 3rd correction wave), which was an ABCDE formation. (Chart on the right)
2) C correction wave can extend to $6-8 range. (Chart on the right)
3) The next impulsive wave can go up to $30, which is an E wave. (Chart on the left)
4) This is my dream but afterwards, OMG can go higher but not sure where. (Chart on the left)
Trade closed: stop reached
I failed at this one.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.