Bull break of wedge pattern shows desire for continuation upward
Updated
OMG has broken bullish from its wedge pattern. This indicates a desire for the market to continue further, however we want to make sure we confirm the bull break with a candlestick closing above, and see a rise in trading volume for us to be sure.
Comment
Looking at breaking the next resistance level of 4.14 in order to feel more confident in a long position.Comment
We never broke 4.14 and haven't seen any bull follow-through so we're not bullish until we see that happen.
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