Omisego - Short Term Sell Stop. Short

OmiseGO / TetherUSBinance

Description

⋅ Oct 6, 2020 12:38 PM

OmiseGO - Short Term - We look to Sell a break of 3.488 (stop at 3.652)

Posted a bearish Flag formation.
A break of 3.500 is needed to confirm the outlook.
A break of yesterdays low would confirm bearish momentum.
The bias is to break to the downside. We look to sell rallies.
Expect trading to remain mixed and volatile.
Our profit targets will be 3.028 and 2.961

Resistance: 3.650 / 3.820 / 4.000
Support: 3.500 / 3.250 / 3.000

Signal Centre

Trade active

⋅ Oct 7, 2020 12:10 PM

Currently in 50% profit from Target 1.

Trade closed: target reached

⋅ Oct 8, 2020 12:40 PM

Closed at take profit.
We've ridden this almost -14% move!

Comments

WMWToronto

⋅ Oct 9, 2020 9:27 PM

Nice chart.....right on the money ! Good work. Now what do you anticipate. Unfortunately I can't read the numbers on the chart (too small) but I can follow the bars.

Thanks for the chart. Short term charting like this is difficult. Another chart forthcoming ?

Ward Weaire
Toronto, Canada

zubchukvaledino

⋅ Oct 9, 2020 7:57 PM

👍👍👍