ForecastCity_ME

Don't miss the great buy opportunity in OMGUSD

Long
BITFINEX:OMGUSD   OmiseGo / Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1.6000
TP2= @ 1.6350
TP3= @ 1.7600
TP4= @ 1.8500
TP5= @ 2.0200

SL= Break below S2

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