1-Hour Time Frame
Technical Overview
EMA 21 crossover EMA 50: Bullish crossover confirming short-term upside momentum.
Fibonacci Retracement: Price rebounded from the 0.618 golden zone, indicating a strong continuation setup.
MACD: Bullish crossover above the signal line — momentum shifting positive.
RSI: Trending upward around 66–70, still below overbought — supports further upside.
Volume: Noticeable increase on the breakout, confirming buying strength.
Swing Trade Plan
Buy Entry: Current market price ≈ PKR 376–378
Target Price (TP): PKR 445
Stop Loss (SL): PKR 372 (below recent swing-low and 0.618 retracement zone)
Risk-Reward Ratio: ~1 : 3 (good swing setup)
Trade Summary
Trend: Bullish short-term continuation
Pattern: EMA crossover + Fibonacci retracement rebound
Indicators: RSI and MACD both showing bullish signals
Confirmation: Volume breakout adds strength to the move
Technical Overview
EMA 21 crossover EMA 50: Bullish crossover confirming short-term upside momentum.
Fibonacci Retracement: Price rebounded from the 0.618 golden zone, indicating a strong continuation setup.
MACD: Bullish crossover above the signal line — momentum shifting positive.
RSI: Trending upward around 66–70, still below overbought — supports further upside.
Volume: Noticeable increase on the breakout, confirming buying strength.
Swing Trade Plan
Buy Entry: Current market price ≈ PKR 376–378
Target Price (TP): PKR 445
Stop Loss (SL): PKR 372 (below recent swing-low and 0.618 retracement zone)
Risk-Reward Ratio: ~1 : 3 (good swing setup)
Trade Summary
Trend: Bullish short-term continuation
Pattern: EMA crossover + Fibonacci retracement rebound
Indicators: RSI and MACD both showing bullish signals
Confirmation: Volume breakout adds strength to the move
Trade attivo
Trade chiuso: obiettivo raggiunto
SSOM trade update: Target price (TP) hit successfully! Now using a trailing stop loss strategy — if price breaks down below EMA 9, I’ll close the trade.
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.