TRG Pakistan | 2nd Weekly Bullish Divergence – Major Reversal
TRG is showing a second Weekly Bullish RSI Divergence, a signal that has previously marked the beginning of a strong impulsive rally. Price has also broken out of a long-term falling wedge and is now retesting the breakout zone.
If buyers defend this level, the chart could be setting up for another significant upside move.
Key Confluences
✅ Second Weekly Bullish RSI Divergence
✅ Breakout from a multi-year falling wedge
✅ Healthy retest of the breakout zone
✅ Risk-to-reward remains favorable
Trade Plan
Entry: 63.39 PKR
Stop Loss: 37.24 PKR
TP1: 110.74 PKR
TP2: 152.98 PKR
The previous weekly bullish divergence led to a massive rally. While history doesn't always repeat, similar market structures often deserve close attention.
Trade with proper risk management and wait for confirmation before entering.