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Week 3 Trendlines Idea 1: MEBL Line Chart Analysis
MEEZAN BANK LTD
Long
Week 3 Trendlines Idea 1: MEBL Line Chart Analysis
By nilambano3
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Apr 6
1
Apr 6
The chart depicts a bullish trend marked by consistent higher highs and higher lows, indicative of potential upward momentum.
Trade Plan:
Entry Price/Buy Limit: 205.86
Stop Loss: 194.40
Lot Size: 87
Take Profit Targets (TP):
TP1: 217.32 with Risk-Reward Ratio (RR) 1%
TP2: 228.78 with RR 2%
Chart Patterns
Harmonic Patterns
Trend Analysis
nilambano3
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