Long
Bull break of wedge pattern shows desire for continuation upward
OMG has broken bullish from its wedge pattern. This indicates a desire for the market to continue further, however we want to make sure we confirm the bull break with a candlestick closing above, and see a rise in trading volume for us to be sure.
Note
Looking at breaking the next resistance level of 4.14 in order to feel more confident in a long position.Note
We never broke 4.14 and haven't seen any bull follow-through so we're not bullish until we see that happen.
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.
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.