TRG Pakistan-Buy CallBreak out of descending wedge
Bullish Divergence
Buy limit at breakout of last Lower high
TRG trade ideas
TRG, Bearish Trend ContinuationBearish Trend
Trendline Resistance
No indication of Bullish momentum
Short sell
Entry 1 @ CMP
Entry 2 @ trendline retest
SL 61.5
Target 44-45
TRG is ready to flyTrg is near its strong resistance og 52.6, after crossing it
Next level will be 61.4 and
Next level will be 74.77
Note: This is not a buy/sell call
BUY TRG BEFORE YOU MISSED THE OPPORTUNITY My is trading TRG ,he asked me about it every week so i think why not publish it for other as well...here you can you trg before you missed it....i dont trade this i only trade Gold 😉
BUY TRG BEFORE YOU MISSED THE OPPORTUNITY My is trading TRG ,he asked me about it every week so i think why not publish it for other as well...here you can you trg before you missed it....i dont trade this i only trade Gold 😉
TRGBased on Divergence price is moving toward change of trend.
Still needs to confirm break green line, with respective TPs.
SL strict following on closing basis.
Risk management is key to success.
TRG 15 minute chart with open high valuesTRG 15 minute chart for with open high low close and volume values with historical data
TRG Bullish Butterfly Reversal PatternTRG on the daily chart made a bullish reversal butterfly pattern
Broken an Important Horizontal Support level of 66
>
> Descending Triangle Formation Targeting
around 22 - 23
> However, Bullish Divergence is appearing on Weekly TF
> Next Important Support is around 44 - 50 as
ABCD pattern also completes there
On the flip side, 66 needs to be crossed again & sustain!
In this case, Target may be around 75.
TRG - BULLISH HARAMI CROSSTRG - BULLISH HARAMI CROSS (Low Probability)
watch out the 75 - 79 levels closely.
TRGWe can attempt to buy TRG if it gives breakout of consolidation box , also bullish divergence occur indicate that it move upward.
SL , TP mention in chart.
TRG Buy Idea - PSXTRG has been experiencing some downward presseure recently with a series of lower highs and lower lows and now in a accumulation phase.
However, recently it broke the bearish trendline with strong bullish div on daily, if candle closes above accumulation zone 74.81 then we will enter at 76.15 , with a secondary buy opportunity at 71.69
TRG - BULLISHTRG Pakistan looks bullish as it breaks its previous lower high and change of character has been formed and printed a bullish inside bar yesterday.
🚀 TRG Update | Swing Vs Scalp Trade 🚀Since November 2022, TRG has experienced a persistent decline. However, in February 2024, this downtrend halted, transitioning to an upward trajectory. Notably, recent market activity has seen price establish support around the 67 level, culminating in a closing value of 71.49 during the preceding trading session. Looking ahead, initial resistance is anticipated at approximately 73.66 (0.5 Fib level) and 75.91 (0.382 Fib level). Should these levels be breached, a significant supply zone is expected to emerge around the 83 mark.
Bullish Divergence on DailyBullish Divergence on Daily as well as Weekly TF
It should test 95 - 97 levels once again before
deciding its Further Move
Bullish Divergence on Shorter TF67 should be Sustained on Weekly Basis
If this Support is Broken, we may
witness 61 - 62 levels
However, there is a BULLISH Divergence
on Daily TF favoring Bulls
TRG is BullishTRG is giving a breakout, and seems like that the declining phase is over the asset. It made a bullish divergence and a previous bullish divergence is also matured now, which indicates that bulls have finally gained control of the price action. A bullish rally will take price to new highs. Targets are mentioned on the chart.
TRGPlan1
Buy around 77.55 - 78.55
Sell around 81- 81.50
Stoploss 75 (Closing basis)
Plan2
Buy Above 81.60
Sell around 83.50 - 84
Stoploss 80
TRGTRG
Closed at 85.79 (20-12-2023)
Making LL LH on Weekly TF
However, HH HL has been started on Daily TF
TRG - LongHH and HL (yellow dots) on 1D TF
Entry: 89.38, 91.83
SL: 78.40
TP 1: 30% offload at 100.32
No divergence
TRG PAKISTAN | Bullish stance on the script remains intactTRG PAKISTAN
The Bigger Picture: First, TRG is still trading within a bearish parallel channel, as indicated by the solid black line. It recently experienced a downturn from the 99/100 area, which serves as both a psychological level and the upper boundary of the parallel channel. A potential healthy breakout is anticipated above the channel, ranging from 99 to 102, accompanied by robust volume.
On a shorter timeframe, TRG initiated a rally from 67, achieving a significant upward swing up to 99 within a bullish parallel channel (dotted lines). It is advisable to exercise patience and wait for a retest of the support zone, specifically within the range of 84 to 87, confirmed by a bullish candle.
Our bullish stance on the script remains intact as long as it continues to trade above 84.
For those holding current positions, dynamic support (EMA) can be employed as a trailing stop loss.
TRG is BullishTRG is currently starting a bullish rally, by printing higher highs and higher lows. The rally is expected to further move up. Targets are mentioned on the chart.
