Thursday, June 18, 2026

Orcl stock | 1 min Order block | Entry point to build long position

 5 min chart 


1 min chart - bar count 30 - 

Order block - build a long position - Confluence filter - How to determine trend bar? ATR 0.6, the bar height is 0.9





180.21 - 179.36 = 0.85 > 0.6 ATR - 1 minute chart 

This entry point of building long position is perfect - compared to any bar count from early ones - cannot time the bottom - do not know the bottom - bar count from No. 6 to 17


CHoCH - Read chart - Ready to get in - but can wait a low price compared to nearby pivot point peak $181.95


The importance on 1 minute chart - CHoCH - bar count from 24 to 35 - HH - Downtrend is reversed - Confirmed on bar count No 35 - close price of No 35 is bigger than downtrend bar 24 


Wait bar count No 46 - Pivot point - Low price value - 180.87/ share - Third confirmation of uptrend - Lowest price to get in a long position




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