📌 Pattern: Flag + Range Breakout
📌 Entry Zone: 58–62 PKR
📌 Target (TP): 82–84 PKR
📌 Stop Loss (SL): 50 PKR
📌 Bias: Bullish
Analysis:
SPEL has broken out of both a flag pattern and a range consolidation zone, with both patterns pointing to the same target. This confluence adds strength to the bullish outlook, as long as the breakout zone holds as support.
📌 Entry Zone: 58–62 PKR
📌 Target (TP): 82–84 PKR
📌 Stop Loss (SL): 50 PKR
📌 Bias: Bullish
Analysis:
SPEL has broken out of both a flag pattern and a range consolidation zone, with both patterns pointing to the same target. This confluence adds strength to the bullish outlook, as long as the breakout zone holds as support.
Trade closed: target reached
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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.