gillianpatrice

OMGBTV- 4hr plan - mean reversion

Long
BITFINEX:OMGBTC   OmiseGo / Bitcoin
OMG - this is a good set-up for long trades - looking for retracement level of 50% or mean reversion and a confluence of good support to enter long and looking for a HH. I will be looking for a candle pattern (reversal) or a 1-2-3 on hourly chart to mitigate my risk. Then I will take profit at the overlapping extention of the two swings. A good risk/reward trade.

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