OvOa demonstrates a good upward dynamics since inception. Despite heavy selling pressure in the last few days it was able to stay above the important 1.30 support level. In case it break up and closes above 1.50 resistance zone it seems like a good LONG position.
Potential swing trade setup:
- LONG entry at ~1.40 additional entry at ~1.30, SL 1.25
- 1.80 partial TP, set SL at entry
- 2.30 set trailing SL or close entire position
Just my personal opinion, please do your own research before making decisions!
Potential swing trade setup:
- LONG entry at ~1.40 additional entry at ~1.30, SL 1.25
- 1.80 partial TP, set SL at entry
- 2.30 set trailing SL or close entire position
Just my personal opinion, please do your own research before making decisions!
