ForecastCity

Don't miss the great buy opportunity in OMGUSD

Long
BITFINEX:OMGUSD   OmiseGo / Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1.6000
TP2= @ 1.6350
TP3= @ 1.7600
TP4= @ 1.8500
TP5= @ 2.0200

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

I agree with your technical analysis. I recommend the "Big Profit Road Map" charts to all traders. Also, I think choosing a trading strategy that covers both directions is such a vise. 👍
+1 Reply
@fxniki, Thanks for your comment 😊💚 We appreciate it
Reply
Nice chart. Thanks!
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, We're happy to help!
Reply
Very nice analysis man, looks very clean!
+1 Reply
ForecastCity Shiva_forex
@Shiva_forex, Hope you enjoy it 🍀
Reply
The best analysis in FOREX WORLD.
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Hope you enjoy it 🍀
Reply
You're my superhero. Thanks!
+1 Reply