Just waiting how the market correction will affect OMG.
Higher Trend line is decisive at the moment.
After a bull run we can expect correction to the Fib levels. Possible bearish wedge.
Any idea how to trade? Please share.
Thank you for watching. Good luck and peace!
After the rally, OMG is moving on a big ascending triangle, which is a bullish continuation pattern.
Market rejected the downtrend on the 0.382, 0.5 and 0.318.
The published long position only poses a Risk/Reward of 0.8.
Only small volume orders should be considered