📊 Price Action Update: GODFRYPHLP
TheBarBellTrader
🔍 Stock Analysis
Price from ATH: The stock is trending down from its All-Time High (ATH).
Key Observations:
Oct 22 & 23, 2024: Second Demand Zone (DZ) was broken, confirming a daily downtrend.
Post-October: WSZ action at the 125-minute time frame—a Lower Time Frame (LTF) zone worked, further pushing the price down.
November 11, 2024: The price fell sharply, losing -10%.
January 13, 2025: All Daily Supply Zones (DSZ) have worked; no Weekly Demand Zones (WDZ) were broken until the last trading session (LTS).
January 23, 2025: Price entered the August 12, 2024 WDZ and simultaneously re-entered a Monthly Demand Zone (MDZ). Interestingly, the WDZ coincides with the MDZ distal line, creating a confluence zone for potential reversal.
📈 Trade Plan
Long Entry Points:1️⃣ ₹4063–₹40652️⃣ ₹3985–₹3990
Average Entry Price: ₹4025–₹4030
Stop Loss: ₹3865–₹3869
Total SL: ₹150–₹165
Targets:
🎯 Target 1: ₹5100
🎯 Target 2: ₹5190–₹5200
Reward-to-Risk Ratio: 6:1
🚀 Strategy Insights:This trade setup shows a high potential for upside with a disciplined reward-to-risk ratio. Utilize precision entries and maintain strict risk management for optimal outcomes.
📌 Disclaimer: This analysis is for educational purposes. Always conduct thorough research or consult a financial advisor before investing.
TheBarBellTrader
🔍 Stock Analysis
Price from ATH: The stock is trending down from its All-Time High (ATH).
Key Observations:
Oct 22 & 23, 2024: Second Demand Zone (DZ) was broken, confirming a daily downtrend.
Post-October: WSZ action at the 125-minute time frame—a Lower Time Frame (LTF) zone worked, further pushing the price down.
November 11, 2024: The price fell sharply, losing -10%.
January 13, 2025: All Daily Supply Zones (DSZ) have worked; no Weekly Demand Zones (WDZ) were broken until the last trading session (LTS).
January 23, 2025: Price entered the August 12, 2024 WDZ and simultaneously re-entered a Monthly Demand Zone (MDZ). Interestingly, the WDZ coincides with the MDZ distal line, creating a confluence zone for potential reversal.
📈 Trade Plan
Long Entry Points:1️⃣ ₹4063–₹40652️⃣ ₹3985–₹3990
Average Entry Price: ₹4025–₹4030
Stop Loss: ₹3865–₹3869
Total SL: ₹150–₹165
Targets:
🎯 Target 1: ₹5100
🎯 Target 2: ₹5190–₹5200
Reward-to-Risk Ratio: 6:1
🚀 Strategy Insights:This trade setup shows a high potential for upside with a disciplined reward-to-risk ratio. Utilize precision entries and maintain strict risk management for optimal outcomes.
📌 Disclaimer: This analysis is for educational purposes. Always conduct thorough research or consult a financial advisor before investing.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。