OMG broke out of the downward channel (bullflag) with volume. Judging by the flagpole length, the target should be around the 1.618 fib, and it might find some resistance at the 1.0 fib.
Enter trade at retest of the upper resistance of the downward channel.
Enter trade at retest of the upper resistance of the downward channel.
Note
Indeed found resistance at 1.0 fib. Trade going according to planNote
Broke through 1.0 fib resistance and now retesting. Trade going according to plan
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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.