Rough Idea For Retracement and Bottom

Depicted shows the fib retracement of OMI from high to low with a rough channel and resistance points that we may hit IF it stays in this pattern . If it hits below the 0.000034 mark at this point that may signal a leg downward and a new pattern emerging .
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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.