Looking at the weekly chart of OSCR stock, there's a long opportunity which can be taken advantage of to make some money provided that market follows the projection.
In order to take advantage of this long opportunity, a buy order limit can be placed at $12.38 while the exit can be at $11.09 and the final target can be at $22.80.
Confluences for this long idea are as follows:
1. Weekly break of structure
2. Valid Inducement (structural liquidity)
3. Orderflow
4. Sweep
5. Valid demand zone in the discount level
6. Imbalance
7. Pattern confirmation formed after mitigation of a demand zone indicating that there's a bullish change of trend.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
In order to take advantage of this long opportunity, a buy order limit can be placed at $12.38 while the exit can be at $11.09 and the final target can be at $22.80.
Confluences for this long idea are as follows:
1. Weekly break of structure
2. Valid Inducement (structural liquidity)
3. Orderflow
4. Sweep
5. Valid demand zone in the discount level
6. Imbalance
7. Pattern confirmation formed after mitigation of a demand zone indicating that there's a bullish change of trend.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
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