OGN is under down-trend resistance.
If we manage to break through the resistance wall and confirm it in the support wall, there will be place for bullish movement.
We have Fibonacci levels ahead of us.
There is resistance in every level.
The resistance zones of this coin are perfectly connected with Fibonacci levels.
In order for the bullish movement to continue, the upcoming Fibonacci level will need to be broken through and confirmed as support so that the bullish movement can continue to the next level.
The red line shows us the Point Of Control, this is a fair price area.
When we switch to a lower time frame, the situation is clearer.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter.
Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
If we manage to break through the resistance wall and confirm it in the support wall, there will be place for bullish movement.
We have Fibonacci levels ahead of us.
There is resistance in every level.
The resistance zones of this coin are perfectly connected with Fibonacci levels.
In order for the bullish movement to continue, the upcoming Fibonacci level will need to be broken through and confirmed as support so that the bullish movement can continue to the next level.
The red line shows us the Point Of Control, this is a fair price area.
When we switch to a lower time frame, the situation is clearer.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter.
Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
Note
Trend line is really strong, so we will see how's going next days. We are monitoring OGN still :)Note
OGN can't break actual Trend line still. We will not short it. We are waiting. Patience is the key.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.