Deszcz

ORACLE short to opposing Demand zone

Short
NYSE:ORCL   Oracle Corporation
For Oracle Monthly uptrend was broken so now it is possible to trade short according to Weekly downtrend after price return to Weekly Supply zone, with target to the oppodisng 3 Month Demand zone.
It may be named also as countertrend trading according to 3 Month uptrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.