From TradingView · · 30s
Oracle D-Wave C Pattern for Long Trade
Oracle's potential D-wave C pattern signals a long trade entry point.
In brief
Oracle's potential D-wave C pattern signals a long trade entry point. Oracle stock may rise after a 5-wave rally from late July to September 9. Originally reported by TradingView.
Oracle D-Wave C Pattern
Oracle had a 5 wave rally from end july to 9th sep.
Pullback Entry Point
We have a decent pullback since retracing c78.6% of the rally Good entry point for a low risk long trade SL below previous low (114).
Trade Setup
yossarian121 created this chart for TradingView.
The essence
Oracle stock may rise after a 5-wave rally from late July to September 9.
