OMG short term play
OMG is very overbought on 4hr charts, and it has retraced everytime it has reached this stoch level for the last 3 weeks.
Short OMG by selling and rebuying between fib level of 98200 and 100k price. It could bounce at 100k due to being a round psychological target.
Short OMG by selling and rebuying between fib level of 98200 and 100k price. It could bounce at 100k due to being a round psychological target.
Trade closed: target reached
Went to 100,083 and bounced as expected
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