Falling Wedge + Smart Money Confluence!
Conviction Level: High | Setup Type: Reversal + Breakout Play | Strategy: Price Action + Smart Money Concepts
After months of a controlled downtrend, GREENPLY has just completed a Falling Wedge – a classic reversal pattern. But that’s just the start.
Here’s why this setup stands out:
🔰 Price tapped into a Higher Timeframe Order Block – the same zone that acted as a strong demand area in the past.
🟢 Liquidity Sweep below Equal Lows – a textbook smart money move to trap sellers and trigger institutional buy orders.
💥 Breakout with Strong Bullish Candles – confirming buyers stepping in with confidence.
📊 Analyst Ratings show strong buy sentiment, supporting the technical bias.
🎯 Clean Entry Plan: Above ₹300, with ample risk-to-reward up to the ₹410+ zone.
This isn't just a chart play — this is a confluence of price action, liquidity engineering, and smart money footprint. If the breakout sustains, this could very well be the start of a major trend reversal.
🧠 Patience is key. Let price confirm the move above 300 before entering. Risk management remains the king.
Conviction Level: High | Setup Type: Reversal + Breakout Play | Strategy: Price Action + Smart Money Concepts
After months of a controlled downtrend, GREENPLY has just completed a Falling Wedge – a classic reversal pattern. But that’s just the start.
Here’s why this setup stands out:
🔰 Price tapped into a Higher Timeframe Order Block – the same zone that acted as a strong demand area in the past.
🟢 Liquidity Sweep below Equal Lows – a textbook smart money move to trap sellers and trigger institutional buy orders.
💥 Breakout with Strong Bullish Candles – confirming buyers stepping in with confidence.
📊 Analyst Ratings show strong buy sentiment, supporting the technical bias.
🎯 Clean Entry Plan: Above ₹300, with ample risk-to-reward up to the ₹410+ zone.
This isn't just a chart play — this is a confluence of price action, liquidity engineering, and smart money footprint. If the breakout sustains, this could very well be the start of a major trend reversal.
🧠 Patience is key. Let price confirm the move above 300 before entering. Risk management remains the king.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.