PSX – 30-Min Long Trade Setup !

📈 🟢
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Trendline Breakout + Retest

📊 Trade Plan – Long Bias
✅ Entry Zone: Around 23.39 (post-breakout confirmation)
✅ Stop-Loss (SL): 22.85 (below recent structure low)

🎯 Take Profit Targets:
📌 TP1: 24.52 – Previous resistance
📌 TP2: 25.98 – Major supply / top of the range

📐 Risk-Reward Calculation
🟥 Risk: 23.39 - 22.85 = 0.54 PKR/share
🟩 Reward to TP2: 25.98 - 23.39 = 2.59 PKR/share
📊 R/R Ratio: ~1 : 4.79 – Excellent opportunity

🔍 Technical Highlights
📌 Falling trendline broken with bullish momentum ✔
📌 Support holding at 22.85 (white line) ✔
📌 Volume spike + bullish retest confirmation 🔥
📌 Yellow zone = structure resistance turned support

📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Book partial at TP1
🚀 Let the rest run to TP2
📏 Use structure – not emotion

⚠️ Setup Invalidation If:
❌ Breaks and closes below 22.85
❌ Fakeout candle with volume and rejection
❌ Loses trendline and support zone

🚨 Final Thoughts
✔ Trendline breakout confirmed with strong R/R
✔ Clean structure for intra or swing setups
✔ Great setup for PSX-focused traders

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