PSX trade ideas
PSX LONG TRADEPSX has been trading in Wyckoff Accumulatio Zone since last month
It has completed following phases of the accumulation zone which are necessary for new uptrend
SC---Selling Climax
AR--- Automatic Rally
PS---Primary Support
ST--- Secondary Test
Terminal Shakeout
BUY PSX 26.4-27.4
TP1 30.2
TP2 32.6
TP3 36.3
SL BELOW 25
PSX Stock Trading StrategyPSX Buying Opportunity:
Key Levels:
1. Current price: 26
2. Buy zone: 24-22
3. Stop loss: 21.30
4. Targets: 29, 31, 34, and final target 36
Strategy:
1. Buy on weakness: Enter the trade if the price dips to 24-22.
2. Risk management: Set a stop loss at 21.30.
3. Profit targets: Aim for 29, 31, 34, and 36.
Considerations:
1. Market conditions: Monitor PSX trends and news.
2. Risk tolerance: Adjust position size according to risk appetite.
This strategy is based on the provided information. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
PSX โ 30-Min Short Trade Setup!๐ ๐ป
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Double Top + Rising Wedge Breakdown
๐ Trade Plan โ Short Position
โ
Entry Zone: ~27.00 (Rejection near resistance trendline)
โ
Stop-Loss (SL): 27.67 (Breakout high + wedge invalidation)
๐ฏ Take Profit Targets:
๐ TP1: 25.98 โ Previous breakout level
๐ TP2: 25.03 โ Horizontal support
๐ TP3: 23.60 โ Trendline base
๐ Risk-Reward Calculation
๐ฅ Risk: ~0.67/share
๐ฉ Reward to TP3: ~3.40/share
๐ R/R Ratio: ~1 : 5+ โ High-efficiency pullback play
๐ Technical Highlights
๐ Double top rejection at supply zone โ
๐ Rising wedge breakdown with selling pressure โ
๐ Bearish engulfing near resistance โ
๐ Volume spike confirms reversal intent
๐ Risk Management Strategy
๐ Move SL to breakeven after TP1
๐ฐ Lock profits at TP2
๐ Let remainder trail to TP3
โ ๏ธ Setup Invalidation If:
โ Price breaks and closes above 27.67
โ Bullish consolidation instead of pullback
โ Breakout volume resumes
๐จ Final Thoughts
โ Bearish structure with strong reward potential
โ Clean rejection at multi-day resistance
โ Ideal short setup post breakout exhaustion
๐ #PSX #ShortSetup #ProfittoPath #ChartAnalysis #BearishReversal #SwingTrade #TechnicalSetup #PriceAction #RiskReward #SmartMoneyMoves
PSX โ 30-Min Long Trade Setup !๐ ๐ข
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Inverse Head & Shoulders Breakout + Trendline Flip
๐ Trade Plan โ Long Position
โ
Entry Zone: Around 25.50 (Breakout + Retest)
โ
Stop-Loss (SL): 23.60 (Below structure + trendline)
๐ฏ Take Profit Targets:
๐ TP1: 25.98 โ Recent resistance
๐ TP2: 26.47 โ Supply area
๐ TP3: 27.08 โ Major resistance (swing extension)
๐ Risk-Reward Calculation
๐ฅ Risk: ~1.90/share
๐ฉ Reward to TP3: ~1.58/share
๐ R/R Ratio: ~1 : 2.8 โ Solid high-conviction trade
๐ Technical Highlights
๐ Breakout from inverted H&S pattern โ
๐ Trendline breakout and retest confirmed โ
๐ Bullish volume spike on breakout candle โ
๐ Clear higher high and higher low structure ๐ผ
๐ Risk Management Strategy
๐ SL to breakeven after TP1
๐ฐ Secure 50% profits at TP2
๐ Let the remaining portion run toward TP3
โ ๏ธ Setup Invalidation If:
โ Breakdown and close below 23.60
โ Fails to hold the trendline breakout
โ Sudden volume divergence + bearish reversal
๐จ Final Thoughts
โ Pattern-backed breakout with momentum
โ Tight SL + clean R/R = efficient swing setup
โ Smart structure play with bullish follow-through
๐ #PSX #PakistanStockExchange #BreakoutSetup #ProfittoPath #SwingTrade #TechnicalAnalysis #ChartSetup #RiskReward #VolumeSpike #PSXTradeIdeas
PSX โ 30-Min Long Trade Setup !๐ ๐ข
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Trendline Breakout + Retest
๐ Trade Plan โ Long Bias
โ
Entry Zone: Around 23.39 (post-breakout confirmation)
โ
Stop-Loss (SL): 22.85 (below recent structure low)
๐ฏ Take Profit Targets:
๐ TP1: 24.52 โ Previous resistance
๐ TP2: 25.98 โ Major supply / top of the range
๐ Risk-Reward Calculation
๐ฅ Risk: 23.39 - 22.85 = 0.54 PKR/share
๐ฉ Reward to TP2: 25.98 - 23.39 = 2.59 PKR/share
๐ R/R Ratio: ~1 : 4.79 โ Excellent opportunity
๐ Technical Highlights
๐ Falling trendline broken with bullish momentum โ
๐ Support holding at 22.85 (white line) โ
๐ Volume spike + bullish retest confirmation ๐ฅ
๐ Yellow zone = structure resistance turned support
๐ Risk Management Strategy
๐ SL to breakeven after TP1
๐ฐ Book partial at TP1
๐ Let the rest run to TP2
๐ Use structure โ not emotion
โ ๏ธ Setup Invalidation If:
โ Breaks and closes below 22.85
โ Fakeout candle with volume and rejection
โ Loses trendline and support zone
๐จ Final Thoughts
โ Trendline breakout confirmed with strong R/R
โ Clean structure for intra or swing setups
โ Great setup for PSX-focused traders
๐ #PSX #PakistanStockExchange #TechnicalSetup #ProfittoPath #BreakoutTrade #RiskReward #StockTrading #SupportResistance #ChartAnalysis
PSXThe price movement is exhibiting a pattern of higher highs and higher lows, signaling a bullish trend. Presently, there is a retracement following the establishment of a higher low, which coincides with a significant support level. This suggests a potential continuation of the bullish trend.
The initial target price is aimed towards the previous high at 16.60. Further, upon a breakout and sustained trading above this previous high, an anticipated new higher high level around 18.10 is envisaged.
To manage risk effectively, it is advisable to implement a stop-loss at 13.90.