Omisego Sell a Break setup.
Updated
OmiseGO - Intraday - We look to Sell a break of 2.749 (stop at 2.837)
Daily signals are mildly bearish.
We look for losses to be extended today.
A break of 2.750 is needed to confirm follow through negative momentum.
Short term MACD has turned negative.
We can see no technical reason for a change of trend.
Our outlook is bearish.
Our profit targets will be 2.532 and 2.478
Resistance: 2.850 / 3.000 / 3.200
Support: 2.800 / 2.750 / 2.500
Daily signals are mildly bearish.
We look for losses to be extended today.
A break of 2.750 is needed to confirm follow through negative momentum.
Short term MACD has turned negative.
We can see no technical reason for a change of trend.
Our outlook is bearish.
Our profit targets will be 2.532 and 2.478
Resistance: 2.850 / 3.000 / 3.200
Support: 2.800 / 2.750 / 2.500
Trade active
Trade closed: stop reached
Stop reached!
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