OMG broke out of the downward channel (bullflag) with volume. Judging by the flagpole length, the target should be around the 1.618 fib, and it might find some resistance at the 1.0 fib.
Enter trade at retest of the upper resistance of the downward channel.
Enter trade at retest of the upper resistance of the downward channel.
Kommentera:
Indeed found resistance at 1.0 fib. Trade going according to plan
Kommentera:
Broke through 1.0 fib resistance and now retesting. Trade going according to plan