Buy Idea: ADAMJEE INSURANCE CO LTD (PSX) – Daily Timeframe
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
Trade aktif
35% done.
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!
Pernyataan Penyangkalan
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.
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!
Pernyataan Penyangkalan
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.