OMG has recently had an edge to edge play on the daily cloud and has formed a white doji within the FAMA and MAMA. With the candles after the doji showing good bullish momentum, I will be watching price action for an entry.
Trade active
Opening up positions on price action.Trade active
View of Daily Ichimoku Cloud edge to edge play:Trade closed: stop reached
+10%. Positions closed out when stop loss was hit due to BTC volatility.Trade active
Opening positions back up on momentum move out of the 4h Cloud.Trade active
Price is approaching target around +70%. Due to price action I will only be closing out a few positions to take profit and letting the others run to Target 2, +135% taken from the daily highs.Trade active
Price just missed target 1 and as started a slight correction phase. Ehlers sentiment has flipped to bearish which is healthy before a trend continuation move. This is a good place to increase positions size or continue holding.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.