Unlocking Profit Potential: TORNTPHARM Analysis 🚀
Updated
In the thrilling world of trading, decoding charts can be as exciting as a rollercoaster ride. Buckle up, we're about to unravel the secrets of TORNTPHARM.
📊 Current Positioning of TORNTPHARM
Currently, TORNTPHARM is perched near the 75-minute zone (LTF). On the intermediate timeframe (ITF), it basks in the daily demand zone, close to the daily 20EMA, with an upward trend. Zooming out to the higher timeframe (HTF), the weekly chart reveals it's in a weekly demand zone after reaching all-time highs.
The 75-minute demand zone is of the RBR type – Rally Base Rally. Plan your entry just above this zone, set the stop loss below, and target the 75-minute supply zone. The risk-to-reward ratio is an impressive 1:5.
🔍 Interpreting the Time Frames
LTF (Lower Time Frame): Timeframe for executing trades.
ITF (Intermediate Time Frame): Where we identify the overall trend.
HTF (Higher Time Frame): Timeframe for location analysis.
Lastly, remember, this analysis is for educational purposes only, and I am not a SEBI registered analyst
📊 Current Positioning of TORNTPHARM
Currently, TORNTPHARM is perched near the 75-minute zone (LTF). On the intermediate timeframe (ITF), it basks in the daily demand zone, close to the daily 20EMA, with an upward trend. Zooming out to the higher timeframe (HTF), the weekly chart reveals it's in a weekly demand zone after reaching all-time highs.
The 75-minute demand zone is of the RBR type – Rally Base Rally. Plan your entry just above this zone, set the stop loss below, and target the 75-minute supply zone. The risk-to-reward ratio is an impressive 1:5.
🔍 Interpreting the Time Frames
LTF (Lower Time Frame): Timeframe for executing trades.
ITF (Intermediate Time Frame): Where we identify the overall trend.
HTF (Higher Time Frame): Timeframe for location analysis.
Lastly, remember, this analysis is for educational purposes only, and I am not a SEBI registered analyst
Trade closed: stop reached
Website : marketup2date.com
Telegram for Updates: t.me/MarketUp2Date
WhatsApp Channel for Updates:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
YouTube Channel:
youtube.com/@Marketup2dateByAfnan
Telegram for Updates: t.me/MarketUp2Date
WhatsApp Channel for Updates:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
YouTube Channel:
youtube.com/@Marketup2dateByAfnan
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.