Price has now broken above the previous swing highs around 18–19, completing a large bullish continuation structure after months of accumulation and correction.
Structure Analysis
✅ Major trend reversal confirmed from April lows (~8 PKR)
✅ Strong Higher High → Higher Low sequence
✅ Breakout above January-February supply zone
✅ Fresh 52-week high territory
✅ Strong bullish candle closing near the day's high
Key Levels
Immediate Support
19.00 – 19.50 (breakout retest zone)
Strong Support
17.50 – 18.00
Trend Support
15.50 – 16.00
Structure Analysis
✅ Major trend reversal confirmed from April lows (~8 PKR)
✅ Strong Higher High → Higher Low sequence
✅ Breakout above January-February supply zone
✅ Fresh 52-week high territory
✅ Strong bullish candle closing near the day's high
Key Levels
Immediate Support
19.00 – 19.50 (breakout retest zone)
Strong Support
17.50 – 18.00
Trend Support
15.50 – 16.00
Trade closed: target reached
⚠️ Disclaimer:
This analysis is for educational purposes only and is not financial advice.
This analysis is for educational purposes only and is not financial advice.
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.
⚠️ Disclaimer:
This analysis is for educational purposes only and is not financial advice.
This analysis is for educational purposes only and is not financial advice.
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.