📊 Trade Plan: Long Setup
Entry Stop Loss (SL) Risk Target Reward RR
645 601 44 pts 744 99 pts 2.3
📌 Risk-Reward Ratio (RR) of 2.3 is healthy for a swing trade
📌 Entry aligns with 60M demand zone and near Daily/Weekly zones
🔄 Key Reference Points
Last High: 603
Last Low: 462
Point Variance: 141
🔔 Potential breakout above 603 (last high) supports further upside
✅ Conclusion
Buy Zone: 645 (entry near upper demand edge)
Stop-Loss Safety: Below multiple strong zones (601–618)
Target: 744 (next probable supply/target zone)
🧠 Suggestion: You may trail SL as it moves above 675 to lock partial gains. Ideal for positional traders aiming for breakout continuation.
🔍 Trend & Demand Zone Overview
Timeframe Trend Demand Zone Type Proximal Distal Avg.
HTF (Yearly, Half-Yearly, Qtrly) UP BUFL 603 471 537
MTF (Monthly, Weekly, Daily) UP RALLY RALLY, BUFL, DMIP 627 604 616
ITF (240M, 180M, 60M) UP DMIP 636 618 627
✅ Overall Trend: Bullish (UP) across all timeframes
✅ Strong Base Formation: Consistent demand between 601–645
✅ Multiple Timeframe Confluence: Reinforces bullish structure and buying opportunity
Entry Stop Loss (SL) Risk Target Reward RR
645 601 44 pts 744 99 pts 2.3
📌 Risk-Reward Ratio (RR) of 2.3 is healthy for a swing trade
📌 Entry aligns with 60M demand zone and near Daily/Weekly zones
🔄 Key Reference Points
Last High: 603
Last Low: 462
Point Variance: 141
🔔 Potential breakout above 603 (last high) supports further upside
✅ Conclusion
Buy Zone: 645 (entry near upper demand edge)
Stop-Loss Safety: Below multiple strong zones (601–618)
Target: 744 (next probable supply/target zone)
🧠 Suggestion: You may trail SL as it moves above 675 to lock partial gains. Ideal for positional traders aiming for breakout continuation.
🔍 Trend & Demand Zone Overview
Timeframe Trend Demand Zone Type Proximal Distal Avg.
HTF (Yearly, Half-Yearly, Qtrly) UP BUFL 603 471 537
MTF (Monthly, Weekly, Daily) UP RALLY RALLY, BUFL, DMIP 627 604 616
ITF (240M, 180M, 60M) UP DMIP 636 618 627
✅ Overall Trend: Bullish (UP) across all timeframes
✅ Strong Base Formation: Consistent demand between 601–645
✅ Multiple Timeframe Confluence: Reinforces bullish structure and buying opportunity
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.