Inverse H&S Forming

It looks like an inverse head and shoulders pattern is forming for OMG/BTC. We need to close above the neck line which could bring OMG to the target shown.

Note

OMG struggled to break neckline but is making a quick recovery. Projection still stands although it may take a bit longer to reach the measured objective.

Note

falling wedge update

Trade closed manually

OMG totally broke down. Still bullish on this project overall but we need to see how this plays out over the next few days before re entering.

samadamsSAO

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samadamsSAO

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