Buy Idea: ADAMJEE INSURANCE CO LTD (PSX) – Daily Timeframe
Price has recently formed a bullish dealing range (DR) after reacting strongly from the monthly demand zone (M T2). The current structure shows price respecting this DR, indicating potential upside movement.
🔹 Entry: Inside the DR box around 46.00
🔹 Stop Loss: Below DR low (~39.70)
🔹 Target: Monthly TP zone around 64.12
🔹 Risk-to-Reward: >2.5R
Confluence:
Price bounced from a strong monthly demand
DR formed and respected, confirming a potential reversal zone
Clean monthly target area aligned with previous highs
Bias: Bullish
Trade Type: Swing trade
Strategy Basis: Demand reaction + DR formation + HTF alignment
Price has recently formed a bullish dealing range (DR) after reacting strongly from the monthly demand zone (M T2). The current structure shows price respecting this DR, indicating potential upside movement.
🔹 Entry: Inside the DR box around 46.00
🔹 Stop Loss: Below DR low (~39.70)
🔹 Target: Monthly TP zone around 64.12
🔹 Risk-to-Reward: >2.5R
Confluence:
Price bounced from a strong monthly demand
DR formed and respected, confirming a potential reversal zone
Clean monthly target area aligned with previous highs
Bias: Bullish
Trade Type: Swing trade
Strategy Basis: Demand reaction + DR formation + HTF alignment
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.