After a prolonged downtrend of LLs & LHs, DGKC has finally shown a market structure shift:
✅ Broke previous Lower High (LH)
✅ Strong candle close above resistance
✅ First Higher High (HH) printed
✅ Bullish divergence supporting upside
This signals a potential trend reversal / bullish continuation phase
🎯 Trade Plan
Entry Options:
Ideal: On break of LH (already triggered)
Alternative: Buy at CMP (Current Market Price)
Add positions on pullbacks / retracements
Stop Loss (SL):
Below last Lower Low (LL)
Targets:
🎯 TP1 → 1:1 RR (safe target)
🎯 TP2 → 1:2 RR (extended move)
⚠️ Important Note
This setup is news-sensitive.
If geopolitical stability continues → momentum likely sustained
If tensions rise again → setup can invalidate quickly but stoploss will save you.
✅ Broke previous Lower High (LH)
✅ Strong candle close above resistance
✅ First Higher High (HH) printed
✅ Bullish divergence supporting upside
This signals a potential trend reversal / bullish continuation phase
🎯 Trade Plan
Entry Options:
Ideal: On break of LH (already triggered)
Alternative: Buy at CMP (Current Market Price)
Add positions on pullbacks / retracements
Stop Loss (SL):
Below last Lower Low (LL)
Targets:
🎯 TP1 → 1:1 RR (safe target)
🎯 TP2 → 1:2 RR (extended move)
⚠️ Important Note
This setup is news-sensitive.
If geopolitical stability continues → momentum likely sustained
If tensions rise again → setup can invalidate quickly but stoploss will save you.
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.
