Long
Emerging Butterfly for OMG
Leg C of a possible Butterfly has completed, while it broke thru the support zone, price seems to be re-testing the support cum resistance level.
If the resistance level is broken then we might see the start of the reversal for OMG.
At the weekly chart, price seems to respect the support zone with a Pinbar.
Lets wait how the market behaves in a few days.
If the resistance level is broken then we might see the start of the reversal for OMG.
At the weekly chart, price seems to respect the support zone with a Pinbar.
Lets wait how the market behaves in a few days.
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Related publications
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.