✅ Buy Plan: Meezan Pakistan ETF (MZNPEFT)
📅 Date of Setup: August 7, 2025
🕐 Timeframe: Daily (D1)
🔍 Technical Context:
Dealing Range: Marked in blue zone between ~16.30 to ~17.34.
Entry Zone: Entry executed near top of dealing range at ~16.90.
Stop Loss: Below dealing range low at 15.57.
Target: Previous structural high at 20.40.
Risk-to-Reward Ratio (RRR): 1:3+
➤ Gain Potential: +3.50 points (+20.74%)
➤ Loss Risk: -1.33 points (~7.86%)
📈 Reasons to Buy:
HTF Context Support: Price reacted from a strong bullish POI (potential FVG or structural swing).
Valid Dealing Range Formed: Price closed above the red candle series, showing strength.
Break of Structure (BoS): Price broke above minor resistance and confirmed shift in orderflow.
Bullish Momentum: Strong bullish candles closing above mid-range confirms buyers' control.
FVG Alignment (if applicable): Likely formed a bullish Fair Value Gap on lower TF inside dealing range.
📌 Execution Plan:
Parameter Value
Entry Price 16.90
Stop Loss 15.57
Target Price 20.40
Risk per Trade As per account (suggest 1%)
RRR ~2.6R
🧠 Management Strategy:
✅ If price closes above 17.50 → Consider partial profit.
🔄 If price pulls back into mid of dealing range (around 16.80) → Opportunity for re-entry.
❌ Invalidate bias if price breaks and closes below 15.50.
📅 Date of Setup: August 7, 2025
🕐 Timeframe: Daily (D1)
🔍 Technical Context:
Dealing Range: Marked in blue zone between ~16.30 to ~17.34.
Entry Zone: Entry executed near top of dealing range at ~16.90.
Stop Loss: Below dealing range low at 15.57.
Target: Previous structural high at 20.40.
Risk-to-Reward Ratio (RRR): 1:3+
➤ Gain Potential: +3.50 points (+20.74%)
➤ Loss Risk: -1.33 points (~7.86%)
📈 Reasons to Buy:
HTF Context Support: Price reacted from a strong bullish POI (potential FVG or structural swing).
Valid Dealing Range Formed: Price closed above the red candle series, showing strength.
Break of Structure (BoS): Price broke above minor resistance and confirmed shift in orderflow.
Bullish Momentum: Strong bullish candles closing above mid-range confirms buyers' control.
FVG Alignment (if applicable): Likely formed a bullish Fair Value Gap on lower TF inside dealing range.
📌 Execution Plan:
Parameter Value
Entry Price 16.90
Stop Loss 15.57
Target Price 20.40
Risk per Trade As per account (suggest 1%)
RRR ~2.6R
🧠 Management Strategy:
✅ If price closes above 17.50 → Consider partial profit.
🔄 If price pulls back into mid of dealing range (around 16.80) → Opportunity for re-entry.
❌ Invalidate bias if price breaks and closes below 15.50.
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!
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.
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!
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.