$OM

Trade Setup – Bullish Flag & Elliott Wave 4

OMM has formed a bullish flag on the 1-hour timeframe, following consolidation within a channel. This pattern aligns with Wave 4 of the Elliott Wave Theory.

🔹 The chart shows all five waves marked:

• Wave 1

• Wave 2

• Wave 3

• Current: Bullish flag as Wave 4

• Upcoming: We are trading the breakout as Wave 5

📏 Wave 5 is expected to reach approximately the same height as Wave 3, in line with Elliott Wave symmetry.

🎯 Entry: Market order upon breakout from the bullish flag

🟥 Stop Loss: Red level on the chart

🟩 Take Profit: Green level on the chart

This is a momentum continuation play. Trade with discipline and proper risk management. 🚀

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