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Technical analysis by cultureofwoods about Symbol OM: Buy recommendation (2/11/2024)

https://sahmeto.com/message/959686
cultureofwoods
cultureofwoods
Rank: 31037
0.7
Buy،Technical،cultureofwoods

I am currently successfully trading OM and thought I would share my current TA. The high time frame (HTF) wave 3 is yet to complete in my opinion and I am waiting to exit the wave 5 of 3 around $0.41 but I don't think the wave 4 of 3 correction is complete and this target may therefore change (only lower). This was a difficult chart to analyse due to the wave 1 diagonal triangle. Looks like the HTF wave 4 will likely retrace to the top of this triangle's trend line.

Translated from: English
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Signal Type: Buy
Time Frame:
6 ساعت
Price at Publish Time:
$0.30086
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