Looking at the weekly chart of OSCR stock, there's a long opportunity which can be taken advantage of to make some money provided that market follows the projection.
In order to take advantage of this long opportunity, a buy order limit can be placed at $12.38 while the exit can be at $11.09 and the final target can be at $22.80.
Confluences for this long idea are as follows:
1. Weekly break of structure
2. Valid Inducement (structural liquidity)
3. Orderflow
4. Sweep
5. Valid demand zone in the discount level
6. Imbalance
7. Pattern confirmation formed after mitigation of a demand zone indicating that there's a bullish change of trend.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
In order to take advantage of this long opportunity, a buy order limit can be placed at $12.38 while the exit can be at $11.09 and the final target can be at $22.80.
Confluences for this long idea are as follows:
1. Weekly break of structure
2. Valid Inducement (structural liquidity)
3. Orderflow
4. Sweep
5. Valid demand zone in the discount level
6. Imbalance
7. Pattern confirmation formed after mitigation of a demand zone indicating that there's a bullish change of trend.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
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.
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.