BRIGADE – Falling Wedge at Demand Zone, Waiting for BOS

4 056
Setup Type: Reversal + Breakout Play | Conviction: Medium-High (Needs Confirmation)
Chart Framework: Smart Money + Classic TA

BRIGADE is showing signs of a potential trend reversal, but we’re not jumping in yet. Here's what the chart tells us:

🟡 Falling Wedge Formation – A bullish reversal pattern that typically resolves to the upside.

🟢 Tapped into a Strong Order Block – Smart money territory where previous accumulation took place.

🧲 Liquidity Grab Below Prior Lows, but... Volume on Bounce is Weak – Sign of caution.

📢 Analyst Rating: STRONG BUY – Adds institutional bias to the bullish setup.

🔐 No Confirmed Break of Structure Yet – Enter only after a clean breakout above ₹1050.

📈 Trade Plan:

Wait for a strong BOS (Break of Structure) and price closing above ₹1050 with volume.

Target zone near ₹1440+ aligns with measured move of wedge and previous supply.

⚠️ This is a setup with potential, but it’s not “ready” yet. Don't front-run smart money — let price confirm before jumping in. Risk management is a must.

כתב ויתור

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