Good day traders. Here we have ORCL stock charts. Bigger picture is suggesting to be short. As we look at the lower time frame here, we can see supply above and some ok demand below. The levels further away from price are the more significant levels; however, you can short at either supply zone. * * * Please, Like and follow.
Bigger picture is telling us we're equilibrium; equally between nearest supply and demand zones. As we move to the lower time frames, we can see there is fresh supply sitting above and not very much demand below. When the market corrects, i will look for a short entry here. Both supply zones are good for entry, it just depends on your rules. * * * Please like and...
After multi-time frame analysis, I have determined the bigger picture trend is bullish. I will be looking for an entry here.
Lots of unfilled orders sitting above. Below, we see a big area of a lot of trading meaning there are very few unfilled orders below. The bigger picture also suggest we should be short. We have two ways to enter the trade. One at the lower supply zone and the other at the higher supply zone. Depending on your rules, you can take one or the other or just take...
After multi-time frame analysis, I have determined the trend is Bullish. I will be looking for a long entry here.
After multi-time frame analysis, I have determined the bigger picture trend is Bullish. I will look for an entry here.
A picture of how markets work. Above we have very little trading in the area marked Supply.There is too many sellers in comparison to buyers at that price. Its too expensive at that price. Below in the area marked Demand, if you look left you'll see the same thing but vise versa. Prices are cheap at that lower level, so there's more willing buyers there compared...
My goal is to create an edge. After Multi-Time Frame analysis, I have concluded that the S&P 500 is currently in a downtrend. When the market corrects, I will look for a short entry here.
My goal is to create an edge. After Mutli-Time frame analysis, I've determined the Larger Picture trend is bullish. When the market corrects, I will look for an entry into the trend here.