Following the previous TAs on TOMO, the 3rd scenario would be: if it falls to the orange line things could go a little bearish, or at least it could mean ranging for a while before the next move up.
Anyhow, the lower blue line and the orange line are excellent buy opportunities. Stop loss should be close of a daily candle below the green line.
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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.