🔍 Mughal Steel – Multi-Timeframe Technical Analysis
I’ve been closely analyzing Mughal Steel, and the current structure across Yearly and Monthly timeframes is showing a strong bullish setup with significant upside potential. Here's a quick breakdown:
📅 Yearly Timeframe Insights:
Price has reacted from a Yearly Bullish Fair Value Gap (FVG) — a key zone where institutional buying often occurs.
A Protected Swing Low is now in place. Based on the structure, I do not expect price to trade below this low.
2023 swept 2022’s low, but closed inside the FVG, suggesting accumulation by smart money.
2024 closed above 2023’s high, confirming a bullish shift.
2025 has swept 2024’s low and is now aggressively moving toward upside liquidity.
Upside Target: 2024 high at 96.69, which would represent a potential 48% move from current levels.
📆 Monthly Timeframe Confirmation:
The protected low must hold — it serves as a critical level for bullish continuation.
I believe price will not revisit this low due to strong structural support.
We’ve seen multiple failed attempts by sellers (swing failures) above — indicating weakening bearish pressure.
No significant resistance exists above, clearing the path for a strong bullish move.
📈 Conclusion:
With no resistance overhead, a protected structure, and bullish momentum building, Mughal Steel is presenting a high-probability opportunity for upside expansion. I'm watching closely as price targets 96.69 in the coming months.
#TechnicalAnalysis #MughalSteel #StockMarket #TradingInsights #PriceAction #Investing #PakistanStockExchange
I’ve been closely analyzing Mughal Steel, and the current structure across Yearly and Monthly timeframes is showing a strong bullish setup with significant upside potential. Here's a quick breakdown:
📅 Yearly Timeframe Insights:
Price has reacted from a Yearly Bullish Fair Value Gap (FVG) — a key zone where institutional buying often occurs.
A Protected Swing Low is now in place. Based on the structure, I do not expect price to trade below this low.
2023 swept 2022’s low, but closed inside the FVG, suggesting accumulation by smart money.
2024 closed above 2023’s high, confirming a bullish shift.
2025 has swept 2024’s low and is now aggressively moving toward upside liquidity.
Upside Target: 2024 high at 96.69, which would represent a potential 48% move from current levels.
📆 Monthly Timeframe Confirmation:
The protected low must hold — it serves as a critical level for bullish continuation.
I believe price will not revisit this low due to strong structural support.
We’ve seen multiple failed attempts by sellers (swing failures) above — indicating weakening bearish pressure.
No significant resistance exists above, clearing the path for a strong bullish move.
📈 Conclusion:
With no resistance overhead, a protected structure, and bullish momentum building, Mughal Steel is presenting a high-probability opportunity for upside expansion. I'm watching closely as price targets 96.69 in the coming months.
#TechnicalAnalysis #MughalSteel #StockMarket #TradingInsights #PriceAction #Investing #PakistanStockExchange
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
