At 4H, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing downward, indicating a price correction at the 4H timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers, and also a divergence has formed between the price and RSI.
We recommend buying OMGUSD now with a stop loss at 5.3 and take the profit near the level of $7,5 - $8,2.
Besides, RSI is at the oversold level, which indicates the weakness of sellers, and also a divergence has formed between the price and RSI.
We recommend buying OMGUSD now with a stop loss at 5.3 and take the profit near the level of $7,5 - $8,2.
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