OGNUSDT Price Action Range| Swing High| Bullish Retest

20. Mai 2021

Evening Traders,

Today’s analysis – OGNUSDT – trading above range high where a bullish impulsive is probable,

Points to consider,
- Price Action Impulsive
- Range High Support
- Swing High Objective
- RSI Extended

OGNUSDT’s immediate price action is impulsive, trading above a key trade location it must be held for a bullish bias.

The RSI is currently over-extended, a reversion to its mean is highly likely from oversold conditions.

The Swing High is the immediate objective, exceeding this level is indicative of a trend continuation,

Overall, in my opinion, OGNUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work

And remember,

“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee