Trade Setup

Parameter Price

Current Price 772.20

Entry Zone 769.50–772.00

Stop Loss (SL) 765.00

TP1 🎯 780.00

TP2 🎯 788.00

TP3 🎯 797.20

Why LONG? (Technical Reasons)

1. Bullish Market Structure

Price has recovered from the 752–756 low and is forming higher lows, indicating improving bullish structure.

2. Strong Support Rejection

Buyers stepped in around 752–756, pushing price back toward 772.

3. Buying Momentum

Recent candles show recovery from lower levels, suggesting buyers are becoming more active.

4. Resistance Breakout Potential

A sustained move above 772–774 could open the way toward 780 and higher resistance zones.

5. Risk-to-Reward