📈 Trade Setup
Parameter Value
Entry 878
Stop Loss (SL) 860
Risk 18
Target 1016
Reward 138
Risk:Reward (RR) 7.7
Last High 978
Last Low 840
✅ Trade Interpretation
Entry at 878 sits inside Daily & Intraday Demand Zone (878–860) → good support.
Stop Loss at 860 is below demand zone → protects against breakdown.
Target 1016 is conservative and achievable based on previous price behavior and a breakout above the last high of 978.
RR of 7.7 is excellent—well above minimum acceptable trading standards (typically >2.0).
📌 Key Insights:
All MTFs indicate bullish trend and stacked demand zones.
Entry plan is logical with favorable risk-reward.
Ideal setup for swing trade or short-term positional if overall market sentiment is neutral to positive.
🔍 Multi-Timeframe (MTF) Analysis Overview
🔸 Higher Time Frame (HTF)
Trend: UP across Yearly, Half-Yearly, and Quarterly
Support Zones:
Yearly & Half-Yearly: 782–642 (Avg: 712)
Quarterly: 820–666 (Avg: 743)
HTF Avg Demand Zone: 795–650 (Avg: 722) → Strong Long-Term Support
🔸 Medium Time Frame (MTF)
Trend: UP across Monthly, Weekly, Daily
Demand Zones:
Monthly: 825–778 (Avg: 802)
Weekly: 892–846 (Avg: 869)
Daily: 878–860 (Avg: 869)
MTF Avg: 691 (This seems like a placeholder or a misentry since zones are in 800+ range)
🔸 Intraday Time Frame (ITF)
Trend: UP across 240M, 180M, 60M
Demand Zone (common): 878–860 (Avg: 869)
ITF Avg: 691 (Again, this value doesn't match the actual average; likely a placeholder)
Parameter Value
Entry 878
Stop Loss (SL) 860
Risk 18
Target 1016
Reward 138
Risk:Reward (RR) 7.7
Last High 978
Last Low 840
✅ Trade Interpretation
Entry at 878 sits inside Daily & Intraday Demand Zone (878–860) → good support.
Stop Loss at 860 is below demand zone → protects against breakdown.
Target 1016 is conservative and achievable based on previous price behavior and a breakout above the last high of 978.
RR of 7.7 is excellent—well above minimum acceptable trading standards (typically >2.0).
📌 Key Insights:
All MTFs indicate bullish trend and stacked demand zones.
Entry plan is logical with favorable risk-reward.
Ideal setup for swing trade or short-term positional if overall market sentiment is neutral to positive.
🔍 Multi-Timeframe (MTF) Analysis Overview
🔸 Higher Time Frame (HTF)
Trend: UP across Yearly, Half-Yearly, and Quarterly
Support Zones:
Yearly & Half-Yearly: 782–642 (Avg: 712)
Quarterly: 820–666 (Avg: 743)
HTF Avg Demand Zone: 795–650 (Avg: 722) → Strong Long-Term Support
🔸 Medium Time Frame (MTF)
Trend: UP across Monthly, Weekly, Daily
Demand Zones:
Monthly: 825–778 (Avg: 802)
Weekly: 892–846 (Avg: 869)
Daily: 878–860 (Avg: 869)
MTF Avg: 691 (This seems like a placeholder or a misentry since zones are in 800+ range)
🔸 Intraday Time Frame (ITF)
Trend: UP across 240M, 180M, 60M
Demand Zone (common): 878–860 (Avg: 869)
ITF Avg: 691 (Again, this value doesn't match the actual average; likely a placeholder)
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.