Trade Recommendation: OmiseGo

The price is going to break the cloud. If so, we’ll get a buy signal. DMI confirms trend market conditions and allows trading. Pending orders for buy can be placed at 9.80 level with stop orders below the support zone. Profit targets are 11.00 and 12.60 resistance levels. The part of trading volume can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

Market: OMGUSD
Buy: 9.80
Stop: 7.80
Profit Targets: 11.00 and 12.60

The trading signal is based on Bitfinex chart.

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Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.