Long
OMGUSD: Good opportunity for Long
At 4H, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing downward, indicating a price correction at the 4H timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers, and also a divergence has formed between the price and RSI.
We recommend buying OMGUSD now with a stop loss at 5.3 and take the profit near the level of $7,5 - $8,2.
Besides, RSI is at the oversold level, which indicates the weakness of sellers, and also a divergence has formed between the price and RSI.
We recommend buying OMGUSD now with a stop loss at 5.3 and take the profit near the level of $7,5 - $8,2.
Note
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Related publications
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.