Although ORCL is currently still trading above the $147.50 support level, we believe the green wave [I] has reached its peak. This implies that the overall upward trend has concluded, and we anticipate a significant correction moving forward. This correction should unfold in five parts, with the beige wave I extending well below the $147.50 level. Afterward, we foresee a corrective counter-movement back above $147.50 during wave II before the price resumes its downward trajectory.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.