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qedbeech
Nov 9, 2017 4:07 PM

OMG USD shorter time frame 

OmiseGo / DollarBitfinex

Description

Use this to help inform your trades.

Not a trading advice - just providing info so you can make your own trade decisions...

OMG rose too quickly. expecting a pull back.

The length of the black arrows are the same. after the pullback expecting the rise to extend to at least the length of the black arrow.

Please comment with any questions.

Comment

upward breakout is also possible but the probability is smaller - I would set alarms and trade accordingly as the market unfolds.

Comment

Broke the lower edge of a rising wedge.

Comment

Correction started - now watching for entry points.

Comment

In the entry zone, looking for reversal signals before buying.

If you have FOMO just buy a small portion...

Comment

On the verge of breaking support. be careful out there.
Comments
Aiven
update please :)
Selene0726
i hope it will drop to 7.5 , waiting to buy the dip
qedbeech
@Selene0726, I hope so too. but as traders hope is a bad word. :-)
We calculate, expect, and react when market unfolds.
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