OMG is very overbought on 4hr charts, and it has retraced everytime it has reached this stoch level for the last 3 weeks.
Short OMG by selling and rebuying between fib level of 98200 and 100k price. It could bounce at 100k due to being a round psychological target.
Short OMG by selling and rebuying between fib level of 98200 and 100k price. It could bounce at 100k due to being a round psychological target.
Trade closed: target reached
Went to 100,083 and bounced as expected
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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.