OMG / USD has most likely finished its corrective wave 4 and has started wave 5 which is going to be composed of 5 waves.
Wave 1 and 2 are probably done and we've started wave 3. The Fibonacci target of the 5th wave is at $34.
Once the 5th wave is over we will have a correction. The Fibonacci targets are aproximately:
38% $21.-
50% $17.-
62% 13.-
So once we reached $34 I recommend to be aware that a correction will be near.
Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.
