OMG has an ascending Triangle forming on lower 30 minute time frame within a larger ascending triangle. This should present a good opportunity to trade to higher level of the larger ascending triangle. IF it reaches this level, it could break up or retrace to bottom of larger triangle before returning to break out above.
Target- 11.3 dollars
Target- 11.3 dollars
Note
Price just bounced upwards from resistance line on ascending triangle. A good entry point if you havent alreadyNote
Chart pattern broke down. now invalid
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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.