OMGUSD: Rectangle on 1D identified. Sideways until (S) breaks.

Omisego is trading sideways within a 1D Triangle (RSI = 53.725) under High Volatility (ATR = 0.2020) that keeps the price within a 2.9590 Support and 3.8740 Resistance. Due to the underlying long term bearish trend on the 1W chart (RSI = 37.359, MACD = -2.090, Highs/Lows = -0.1851, B/BP = -1.9305), shorting every move near the Resistance is better suited than a full scalp. That is why we remain bearish on OMGUSD with TP = 2.6561 and 1.4942.