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OMG - Purple War Zone!

OMG has been trading inside that giant rising broadening wedge in blue and now approaching the lower blue trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups.

Moreover, the area 3.0 - 4.0 is a "Resistance turned into Support".

So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.

As per my trading style:
I will be waiting for OMG to approach the highlighted purple circle area to look for buy setups (like a double bottom, trendline break, and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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