Falling Wedge + Smart Money Confluence!
Conviction Level: High | Setup Type: Reversal + Breakout Play | Strategy: Price Action + Smart Money Concepts
After months of a controlled downtrend, GREENPLY has just completed a Falling Wedge – a classic reversal pattern. But that’s just the start.
Here’s why this setup stands out:
🔰 Price tapped into a Higher Timeframe Order Block – the same zone that acted as a strong demand area in the past.
🟢 Liquidity Sweep below Equal Lows – a textbook smart money move to trap sellers and trigger institutional buy orders.
💥 Breakout with Strong Bullish Candles – confirming buyers stepping in with confidence.
📊 Analyst Ratings show strong buy sentiment, supporting the technical bias.
🎯 Clean Entry Plan: Above ₹300, with ample risk-to-reward up to the ₹410+ zone.
This isn't just a chart play — this is a confluence of price action, liquidity engineering, and smart money footprint. If the breakout sustains, this could very well be the start of a major trend reversal.
🧠 Patience is key. Let price confirm the move above 300 before entering. Risk management remains the king.
Conviction Level: High | Setup Type: Reversal + Breakout Play | Strategy: Price Action + Smart Money Concepts
After months of a controlled downtrend, GREENPLY has just completed a Falling Wedge – a classic reversal pattern. But that’s just the start.
Here’s why this setup stands out:
🔰 Price tapped into a Higher Timeframe Order Block – the same zone that acted as a strong demand area in the past.
🟢 Liquidity Sweep below Equal Lows – a textbook smart money move to trap sellers and trigger institutional buy orders.
💥 Breakout with Strong Bullish Candles – confirming buyers stepping in with confidence.
📊 Analyst Ratings show strong buy sentiment, supporting the technical bias.
🎯 Clean Entry Plan: Above ₹300, with ample risk-to-reward up to the ₹410+ zone.
This isn't just a chart play — this is a confluence of price action, liquidity engineering, and smart money footprint. If the breakout sustains, this could very well be the start of a major trend reversal.
🧠 Patience is key. Let price confirm the move above 300 before entering. Risk management remains the king.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.