ORM – Swing Trade Setup
📈 Buy: 11.15 or below (on minor pullbacks)
🛑 Stop Loss: 10.45 (Daily Closing Basis)
🎯 Targets:
✅ Target 1: 11.80
✅ Target 2: 12.30
✅ Target 3: 12.95
✅ Final Target: 13.80
📊 Technical View:
• Bullish Inverse Head & Shoulders pattern breakout.
• Price has reclaimed the neckline around 11.10–11.15.
• Strong bullish breakout candle confirms buying interest.
• Break above neckline indicates a potential trend reversal.
• Risk-to-reward remains favorable while price holds above 10.45.
⚠️ Trade Invalidation:
A daily close below 10.45 would invalidate the bullish setup.
💰 Potential Upside: Approximately 24% from the recommended entry to the final target.
Trade with proper risk management and follow your stop loss.