📈 🟢
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Inverse Head & Shoulders Breakout + Trendline Flip
📊 Trade Plan – Long Position
✅ Entry Zone: Around 25.50 (Breakout + Retest)
✅ Stop-Loss (SL): 23.60 (Below structure + trendline)
🎯 Take Profit Targets:
📌 TP1: 25.98 – Recent resistance
📌 TP2: 26.47 – Supply area
📌 TP3: 27.08 – Major resistance (swing extension)
📐 Risk-Reward Calculation
🟥 Risk: ~1.90/share
🟩 Reward to TP3: ~1.58/share
📊 R/R Ratio: ~1 : 2.8 – Solid high-conviction trade
🔍 Technical Highlights
📌 Breakout from inverted H&S pattern ✔
📌 Trendline breakout and retest confirmed ✔
📌 Bullish volume spike on breakout candle ✔
📌 Clear higher high and higher low structure 🔼
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Secure 50% profits at TP2
🚀 Let the remaining portion run toward TP3
⚠️ Setup Invalidation If:
❌ Breakdown and close below 23.60
❌ Fails to hold the trendline breakout
❌ Sudden volume divergence + bearish reversal
🚨 Final Thoughts
✔ Pattern-backed breakout with momentum
✔ Tight SL + clean R/R = efficient swing setup
✔ Smart structure play with bullish follow-through
🔗 #PSX #PakistanStockExchange #BreakoutSetup #ProfittoPath #SwingTrade #TechnicalAnalysis #ChartSetup #RiskReward #VolumeSpike #PSXTradeIdeas
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Inverse Head & Shoulders Breakout + Trendline Flip
📊 Trade Plan – Long Position
✅ Entry Zone: Around 25.50 (Breakout + Retest)
✅ Stop-Loss (SL): 23.60 (Below structure + trendline)
🎯 Take Profit Targets:
📌 TP1: 25.98 – Recent resistance
📌 TP2: 26.47 – Supply area
📌 TP3: 27.08 – Major resistance (swing extension)
📐 Risk-Reward Calculation
🟥 Risk: ~1.90/share
🟩 Reward to TP3: ~1.58/share
📊 R/R Ratio: ~1 : 2.8 – Solid high-conviction trade
🔍 Technical Highlights
📌 Breakout from inverted H&S pattern ✔
📌 Trendline breakout and retest confirmed ✔
📌 Bullish volume spike on breakout candle ✔
📌 Clear higher high and higher low structure 🔼
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Secure 50% profits at TP2
🚀 Let the remaining portion run toward TP3
⚠️ Setup Invalidation If:
❌ Breakdown and close below 23.60
❌ Fails to hold the trendline breakout
❌ Sudden volume divergence + bearish reversal
🚨 Final Thoughts
✔ Pattern-backed breakout with momentum
✔ Tight SL + clean R/R = efficient swing setup
✔ Smart structure play with bullish follow-through
🔗 #PSX #PakistanStockExchange #BreakoutSetup #ProfittoPath #SwingTrade #TechnicalAnalysis #ChartSetup #RiskReward #VolumeSpike #PSXTradeIdeas
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.