BloomFisher

$OMG |Consolidation Triangle -Time to Buy!

Long
BITFINEX:OMGBTC   OmiseGo / Bitcoin
OMGBTC - Consolidation period end and Triangle formation, Time to BUY!
Comment: ----COMPLETE UPDATE----
It's a rising wedge formation and it will activate at 29126 to sell this pair and we added the other trade with another BULLISH Target at 34044 because of unconfirmed BITCOIN Move, In case BITCOIN Drop we can expect this pair to give a profit of undefined chain,
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Current Status - BUY (We'll update you once this pair confirms Bearish pattern)
let us know in the comment and make sure you like this analysis if you agree!
Trade closed manually: BREAK EVEN!

Comments

Good setups.
+2 Reply
Thank you!
+1 Reply
Isn't this a rising wedge?
+1 Reply
Hi @atricoz, yes, it's a rising wedge formation and it will activate at 29126 to sell this pair and we added the other trade with another BULLISH Target at 34044 because of unconfirmed BITCOIN Move, In case BITCOIN Drop we can expect this pair to give a profit of undefined chain and we'll update the description with complete information about this trade thank you for notifying us,
+1 Reply
atricoz BloomFisher
@BloomFisher, ok, thank you
+1 Reply
Great TA! Thanks @BloomFisher :D
+1 Reply
Thank you for your TP and SL it helps to understand the trade!
+1 Reply
Hi, great job here... keep it up!
Reply
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