The price action of OmiseGo / US Dollar is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.9512 to 0.9101
Sell between: 0.9903 to 1.0751
Enjoy your profits...
OmiseGO closed a green 2 candle on the daily chart which is a clear buy signal according to Tom Demark count. Stoch RSI has room to go up. I expect the price to move upwards up to 7 days.
Here is my trading idea:
Buy: 521 - 530
Sell targets: 536 - 550 - 567 - 607 - 666
Stop loss: 498
