Long
OMG/BTC
3 Reasons for setup:
Location: At new bottom support
Momentum: W confirmed in Willy n OBV.
Structure: Double bottom trying to confirm, enter at break of candle body.
Profit Objective 50% retracement level or 2:1 R/R min
Location: At new bottom support
Momentum: W confirmed in Willy n OBV.
Structure: Double bottom trying to confirm, enter at break of candle body.
Profit Objective 50% retracement level or 2:1 R/R min
Trade closed: stop reached
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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.