Long
Potential OMG long entry
OMG is coming to the 61.8 fib retracement and strong support trendline, it has wicked off but I expect it to make another retest of it due to the low volume bounce.
If we get a good volume resumption upward, this will be a great long entry.
If we get a good volume resumption upward, this will be a great long entry.
Note
This could be another way to draw the trend line Note
Unfortunately the trendline has had to be readjusted, it's either a very cautious wedge, or a descending triangle. Thankfully my buy signal did not happen. I will only buy if there is a big volume bounce 
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.