OMGUSD break imminent

30 de abr. de 2018

One of the only charts I have been watching today just because the range is so tight! A break of either of the blue lines will give us some clues in which way this is headed. Blue lines are taken from the high and low on the hourly TF and the yellow lines are from the 4H. Take some time and go look at the entire tightening range for yourself on the 4H. I am leaning bullish but am not entering a position until we see a break of the local top. Be prepared from some volatility because with a range this tight I'm sure we will see a big move play out. It is worth mentioning that if we break below $17.2 we will dump, short accordingly.