OABI trade ideas
OABI 1 hour Looking for it to build support around this 3.55-3.60 area, seems like an accumulation. The Rectangle Box.
The Red Trend line down is my monitoring of it is bearish and not accumulation for a breakout of 4.00.
The yellow trend line is to see if it stays bullish and trends back up to 4.00.
If it follows the Yellow we can see another attempt to break the 4.00.
If it follows the Red Trend line we can see it back in the 3.15-3.20.
OABI Swing1 Hour Bullish Trend Line New (Green)
Looking at the hour candle to close and be above 4.08. Which can confirm a break up of 4.43, and a Top target of 5.43.
The Stop Loss will be breaking the 1-hour uptrend line, Green Line.
OABI Swing1 Hour Bullish Trend Line
Looking at the hour candle to close and be above the triple top for a buy signal confirmation
The Stop Loss will be breaking the 1-hour uptrend line.
