$ORCA 1H — Continuation Rally or Bull Trap in the Making?
Long $ORCA
• Entry: 1.66 – 1.72
• Stop Loss: 1.58
Targets:
• TP1: 1.78
• TP2: 1.88
• TP3: 2.00+
ORCA is showing strong resilience after its sharp impulsive move toward the 1.80+ region. What we’re seeing now is a textbook healthy pullback, followed by higher lows forming on the 1H timeframe — a clear sign that buyers are stepping back in.
Despite short-term volatility, ORCA is holding key structural support, confirming that bullish momentum is still intact. This consolidation phase has cooled off indicators and is setting up a high-probability continuation move.
The bullish bias remains valid as long as price holds above the 1.58 support zone. A clean push above 1.78 could unlock the next impulsive leg toward the 2.00 psychological level.
Trade $ORCA here 👇🏻
