Asset: Tri-Pack Films Ltd. (TRIPF) — PSX
Timeframe Context: Monthly structure is setting up for a potential long-term bullish leg.
Buy Plan (Refined View)
Tri-Pack Films looks like it’s preparing for a major expansion phase after spending months building quiet accumulation. The market previously reacted from a yearly fair value gap, and now it’s holding above a key monthly order block — a strong sign that higher timeframe buyers are active.
I’ll be closely watching the price if it retraces back toward the green order block zone. That’s where the best risk-to-reward opportunity lies. Ideally, price should tap into this area, form a short-term low, and then show early signs of strength — maybe a clean dealing range or a sharp bullish shift on the lower timeframe.
If that confirmation appears, I’ll position myself for a long swing toward the 209.95 and 236.59 liquidity targets. This is not about chasing momentum; it’s about letting price come to a logical re-accumulation point where institutions are likely to re-enter.
If the market decides to dip even lower into the deeper portion of the order block, that’s fine — it just means more room for accumulation before the next leg begins. I’ll stay patient and let price structure confirm the move instead of anticipating it too early.
Timeframe Context: Monthly structure is setting up for a potential long-term bullish leg.
Buy Plan (Refined View)
Tri-Pack Films looks like it’s preparing for a major expansion phase after spending months building quiet accumulation. The market previously reacted from a yearly fair value gap, and now it’s holding above a key monthly order block — a strong sign that higher timeframe buyers are active.
I’ll be closely watching the price if it retraces back toward the green order block zone. That’s where the best risk-to-reward opportunity lies. Ideally, price should tap into this area, form a short-term low, and then show early signs of strength — maybe a clean dealing range or a sharp bullish shift on the lower timeframe.
If that confirmation appears, I’ll position myself for a long swing toward the 209.95 and 236.59 liquidity targets. This is not about chasing momentum; it’s about letting price come to a logical re-accumulation point where institutions are likely to re-enter.
If the market decides to dip even lower into the deeper portion of the order block, that’s fine — it just means more room for accumulation before the next leg begins. I’ll stay patient and let price structure confirm the move instead of anticipating it too early.
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.