OMG Correction is not over
Updated
After the 3 wave OMG started the correction wave. I think it completed AB and now it is in the C wave. In C wave it will correct 4th wave and down again to 5th wave. Then the C wave will over. It will take a bit time to finish ABC pattern but next it will start to go up! I will watch the momentum change at the bottom to be sure the correction is over.
If you wanna go shot you can wait for the blue area to go short.
Happy hunting!
If you wanna go shot you can wait for the blue area to go short.
Happy hunting!
Note
These could be the targets for the impulse wave.
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.