BAHL continues to trade within a strong long-term uptrend, with the weekly chart maintaining a healthy higher-high and higher-low structure. The recent decline appears to be a normal pullback rather than a trend reversal, as price is retracing into a high-confluence support zone between 170.50–176.00 PKR. This area aligns with a Fair Value Gap (FVG), the 61.8% Fibonacci Golden Pocket, and nearby order block support, making it an attractive zone for buyers. The RSI remains around 55.5, showing that momentum has cooled without turning bearish.
A buying approach near 175.00 PKR offers a favorable risk-to-reward setup, with a stop loss below 169.50 PKR. If the support zone holds, BAHL has the potential to move toward 192.00 PKR as the first target, followed by 204.74 PKR, while a continuation of the broader uptrend could eventually retest the all-time high near 230.00 PKR. With multiple technical confluences supporting the setup, BAHL carries 8/10 confidence and an estimated 70% probability, making it an attractive swing trading opportunity.
A buying approach near 175.00 PKR offers a favorable risk-to-reward setup, with a stop loss below 169.50 PKR. If the support zone holds, BAHL has the potential to move toward 192.00 PKR as the first target, followed by 204.74 PKR, while a continuation of the broader uptrend could eventually retest the all-time high near 230.00 PKR. With multiple technical confluences supporting the setup, BAHL carries 8/10 confidence and an estimated 70% probability, making it an attractive swing trading opportunity.
⚠️ 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.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
⚠️ 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.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.