ORCL is looking juicy right now, just broke out of its recent range. Price is pushing higher and we've got a solid setup to work with.
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🟢 ORCL LONG 📈
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📍 Entry Range: $245.2445 – $245.7355
🛑 Stop Loss: $238.1253 (-3.0%)
🎯 TP1: $249.1723 (+1.5%)
🏆 TP2: $257.7645 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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We've got a few signals firing on this one - CHoCH just confirmed a market structure break, and volume is backing the move with CVD. The FVG and OB are also overlapping at a key point of interest, making this a compelling long opportunity.
With a 3.0% stop loss, this trade is relatively tight, so we'll want to keep leverage in check, probably around 2-3x to avoid getting blown out.
If we hit our first target, it's probably a good idea to take some profit off the table to lock in some gains and ride the rest out to see if it can keep pushing higher.
Not financial advice — always manage your own risk 🙏
#ORCLUSDT $ORCL #SMC #Write2Earn #Binance