krako

OMG Short term bullish after retraction

Long
krako Updated   
BITFINEX:OMGUSD   OmiseGo
In the short term OMG has broken the resistance in the area of 21.50 USD the signal of Konkorde is going through the mountain and magician Estraperlo is being reversed, if it is not a false break the first objective in the framework of 1h would be in 23.85 USD where there may be rejection and subsequent Nte the 25.66USD area . It is safest to expect confirmation of resistance breakage, and see if magician Estraperlo and Konkorde confirm positive signals en the next clandles. We could touch again the area of 21.50 that would be a good to entry point with a SL in the area of 21USD
Comment:
The moment of truth is here, let's see if OMG can break the last high
Trade active:
First target reached let's go the second
Trade active:
Hello the price is approaching back to the area of 23, 80 where we have our goal, then have repurchased in 21.20. Although the price reached the previous SL fixed at 20, 50, this did not run as we did not have a real sales order at that level, but we just put an alert. The alert jumped but at the close of the sail the price was above the level of the SL so we did not sell. This is very important to avoid being swept over and over again with the frustration that this implies. When the price reaches the area of 23.80 we will sell, and wait for new developments. If the price continues its upward journey we will try to buy the withdrawal otherwise we'll wait for it to come closer to the area of 21.50 to repurchase again. (Remember that this Trade is for short term)
Trade closed: target reached

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