Local bottom potential on Orai .
Hard invalidation under the yellow (5)
white C
Current pattern looks like a flat with ending diagonal in a wave C.
This is typical for a wave 4 to have a sideways corrective pattern.
However, nothing blocks this from being a macro wave 2 once again.
Inverted Head and Shoulders (IHS) is a bullish reversal pattern characterized by three consecutive lows and two intermediate highs. Here's how it forms:
1. The first low (left shoulder) occurs.
2. The second low (the head) is lower than the first low.
3. The third low (right shoulder) is higher than the second low.
4. The neckline connects the...
ORAI is a solid Artificial Intelligence project that look really solid for a swing trade from current levels. It's had a bit of a run up but indicators still look healthy and volume is consistently growing along with price. I am looking at this trade for the next month, with a ~50% move on the low side and ~80% on the high side of the move to the golden zone .5 to...
