Lower High accomplished on 1W. Strong short.

OMGUSD made a new Lower High on the 1W Channel Down (RSI = 36.430, MACD = -2.054, Highs/Lows = -2.2612, B/BP = -3.9676). The emphatic rejection on 1D (STOCHRSI = 19.672, Williams = -77.581) indicates that at least the 3.2170 support will be tested, where it is expected to gather more selling momentum. We remain short on Omisego with TP = 2.6561 and 1.4942 in extension.