InvestingScope
Short

About to break lower aggressively. Big downside potential.

BITFINEX:OMGUSD   OmiseGo / Dollar
OMGUSD is now trading below the previous 3.2309 1D Support and a recurring pattern is seen on 1D that typically leads to a new Channel Down. Both 4H ( RSI = 34.346, MACD = -0.063, Highs/Lows = -0.0720, B/BP = -0.1109) and 1D ( RSI = 36.903, MACD = -0.273, Highs/Lows = -0.1659, B/BP = -0.5409) are actively bearish and we are aiming at an aggressive decline on OmiseGo towards a new Lower Low on 1W (early estimates put it around 0.300). Out short TP remains more moderate at 1.4942.
Sep 21
Comment: The Lower Low was drawn by mistake at -0.300 instead of 0.300. Please accept our apologies for any inconvenience caused.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (http://www.investingscope.com).
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out