OMG Reversal Happening Now

BITFINEX:OMGUSD   OmiseGo / Dollar

hi traders:

OMGUSD is showing great price action for reversal up move.

We see price has been in this down trend since
mid August, and slowing push price down to the previous lows.

We then see price developed into this inverse Head and shoulder, had its LTF bullish push up and formed continuation correction.

Since price has already broken out, then good to look for LTF corrections to get in this buy move.

thank you
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What are your validation and invalidation areas?
+2 Reply
jojofang0901 MaxKaiser
@MaxKaiser waiting for the LTF continuation correction to develop and complete for the valid buy. If price does not form that then no entries for me
It could move very soon! Thank you for sharing.
+1 Reply
Great idea
+1 Reply
jojofang0901 John_Smithh
Looks ready to move up in the short term. Thanks for sharing your idea ๐Ÿปโ€โ„๏ธ๐Ÿ˜ƒ
+1 Reply
jojofang0901 PolarHusk
@PolarHusk yes sir ๐Ÿ˜€
Excellent analysis, appreciate your idea๐Ÿฆ
+1 Reply
jojofang0901 plancton0618
@plancton0618 thank you, you as well
What??? Hey mr. Professor go to sleep. Donโ€™t waste energy because you have no talent.
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