DANA GAS (DANA) ADX Long Setup

“DANA just nuked that downtrend line and tagged the demand zone with precision. Now we got that impulsive (1) and the pullback’s setting up like a textbook long. Eyes on the reload zone, ‘cause bulls could lift this to 0.90 in a 3-wave rocket.”

📈 Trade Setup – 2H (Timeframe)

Wave & Structure
Wave (1) of a new bullish 5-wave sequence has just completed.

Current move is in Wave (2) pullback, likely aiming to retest the broken daily trendline or demand block (around 0.72–0.74).

Wave (3) projection targets:

TP1: 0.8178–0.8262

TP2: 0.8707–0.8992 (major supply zone)

Trendline Break:
The red downtrend line from previous high (Feb 2025) is broken with conviction.

Break + retest in play — classic confirmation pattern.

High Timeframe trendlines (gray) continues acting as macro support.

🎯 2H Trade Plan (Long)
📍 Entry Zone : 0.7600

📉 Stop Loss: 0.7246 (below last low)

🎯 Target 1: 0.8262

🎯 Target 2: 0.8707

🎯 Final Target: 0.8992

⚖️ Risk/Reward:
To TP1: ~2.5R

To TP2: ~4.2R

To TP3: ~5.0R+

⚠️ Disclaimer
This setup is for educational purposes only. Not financial advice. Always trade with proper risk management and a verified strategy.