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Signal_Centre1
Oct 8, 2021 12:52 PM

Omisego Sell a Break setup. Short

OmiseGO / U. S. DollarKraken

Description

OMGUSD - Intraday - We look to Sell a break of 13.698 (stop at 14.211)

Short term bias has turned negative.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
Prices have reacted from 18.20.
We look for losses to be extended today.
The previous swing low is located at 13.75.
50 4 hour EMA is at 14.10.

Our profit targets will be 12.262 and 11.828

Resistance: 15.000 / 16.000 / 17.00
Support: 13.80 / 13.00 / 12.00

Order cancelled

Trade wasn't filled intraday.
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