OMGUSD: Could this be a making of a 1 of 5 of a motive wave?

OMGUSD is in a decline for a while now. We might of bottomed and this could turn out to be a regular corrective 3 or be a genesis of the first wave of an motive/impulse wave. If the potential 4th wave breaks the $0.7684 the idea of this being a motive wave is invalidated.

If we get a bounce before the $0.7684 passing the previous wave 3 high there is good probability it will reach a confluence of resistance in the marked area.

Good luck!