OKLO is shaping up for a powerful move, and this setup has my attention for a dual-play approach:
🔹 Base Breakout Setup (Primary Entry)
Already in from the initial base breakout around $25, which I shared last week.
Momentum kicked in with that strong May 6th thrust.
🔹 Three Inside Candles (Power Setup)
Since that momentum spike, we've seen 3 consecutive inside candles — a textbook signal of price compression.
Price is hugging the 9 EMA (support zone), a bullish indicator of strength.
🔹 My Trading Plan:
1️⃣ Starter Position: Already in from $25.
2️⃣ Add Position: On a clean breakout above the high of the inside candle range.
3️⃣ Stop Loss: Tight stop below the 9 EMA — keeps risk tight while capturing the breakout.
🔹 Why This Setup is Special:
Inside candles indicate a tug-of-war between buyers and sellers, but with price holding strong above 9 EMA, the bulls have the edge.
Breakout + inside candle combo = explosive potential.
⚠️ Risk Management: Discipline over FOMO — tight stop, but aggressive on breakout.
🔹 Base Breakout Setup (Primary Entry)
Already in from the initial base breakout around $25, which I shared last week.
Momentum kicked in with that strong May 6th thrust.
🔹 Three Inside Candles (Power Setup)
Since that momentum spike, we've seen 3 consecutive inside candles — a textbook signal of price compression.
Price is hugging the 9 EMA (support zone), a bullish indicator of strength.
🔹 My Trading Plan:
1️⃣ Starter Position: Already in from $25.
2️⃣ Add Position: On a clean breakout above the high of the inside candle range.
3️⃣ Stop Loss: Tight stop below the 9 EMA — keeps risk tight while capturing the breakout.
🔹 Why This Setup is Special:
Inside candles indicate a tug-of-war between buyers and sellers, but with price holding strong above 9 EMA, the bulls have the edge.
Breakout + inside candle combo = explosive potential.
⚠️ Risk Management: Discipline over FOMO — tight stop, but aggressive on breakout.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.