Suggest to buy for the target of 885/890.

Technical Analysis :

Strategy : Price Action with SMC
Type of Trade : Swing Trading
Time Frame : Daily

=> The downtrend end is observed by Double Bottom

=> The trend reversal (uptrend) is confirmed by broken the Neckline (Previous LHs). Moreover, the 50 EMA is greater than 200 EMA.

=> In an Uptrend, identified the Strong Demand Zone

=> Demand Zone mitigation also done with Liquidity Sweep. In addition, the price is bounced from the 200EMA

=> After Liquidity Sweep, I expect that the price is reversed to reach the target zone by forming CHOCH

=> So, I expect that the price is trying to reach the Target after collecting the pending orders at the FVG area. Therefore, I marked the entry level zone @ FVG (765/770)

=> SL (700) is the recent swing low on closing basis, which is also marked.

Based on the above analysis on the daily time frame, suggest to buy for the target of 885/890.


== EDUCATIONAL PURPOSE ONLY ==