Thursday, July 23, 2026

Orcl stock | 1 min chart | July 23 2026

How to read chart? 

  1. Bar count 28, 29, 30 - Supply box - yellow color - It is a good idea to short ORCL stock, 
  2. Replay ORCL stock chart 1 minute, and then learn the chart when I am calming down
One bar at a time, replay the chart and then pay attention to the detail

  1. It is downtrend
  2. Retracement - back to 50%
  3. One minute demand box - just above EMA 9 1 minute chart - bar count No. 12
  4. Supply box - It is time to short - Top 
  5. Peak activity range - it does not matter - it should be downtrend - even if it shows green - main trend is downtrend
  6. As a trader, I have to learn how to make decisions based on charts - Find supply and demand zones indicator helpful
  7. ...







Bar count No. 11, 12 - green bar - demand box showed up, two bars showed strong volume to purchase - Time to make purchase for long 
Trade preparation:
  1. It is downtrend - Only work on trade for uptrend - very short one minute only
  2. Resistance line - green line - Take one ATR off, that is target to take profit
  3. Only trade 1 minute, next bar should be strong moment bar - one bar is enough for profit - Set limit price if possible
  4. Prepare for short trade - Resistance level - 124.50/ share, using 1x short ETF

Fib retracement 
























How to read chart? 

  1. 1 min chart - bar count 213, 214, 215 - Supply box - It is a good idea to start short of ORCL stock 
  2. 1 min chart - bar count 239, 240, 241 - Supply box - It is kindly reminder to short ORCL stock again
  3. Learn to short ORCl stock - Learn to calm down and read chart, make decisions based on the chart, not my emotion

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