OMGUSD: The impossible sell target is close to being accomplishe

The first TP = 2.6561 has been hit and OMG is even near reaching our final 1.4942 target, which seemed impossible some months back. Needless to say the price broke the previous Rectangle and re-entered the 1W Channel Down (RSI = 32.200, MACD = -2.084, Highs/Lows = -1.0815, B/BP = -2.6173) which can extend for a Lower Low as low as 0.7727 (monthly SMA200). Once our last target is achieved, our long term sell strategy on Omisego will be completed and we will wait for a clear bottom (at least 3 sideways/ bullish monthly candles) to be formed, before we engage again.




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