Buy Plan – Gulf Insurance Group (8250)📈 Buy Plan – Gulf Insurance Group (8250)
Bias: Bullish
Timeframe: Weekly
Context: Price reacting from HTF Bullish FVG + Breaker Block
✅ Entry Confirmation – Valid Bullish Dealing Range:
Attacking HTF POI
↳ Price tapped into HTF Bullish Fair Value Gap near 2024 Low.
Bearish FVG Formed
↳ Trap for sellers before reversal.
Bullish FVG Created
↳ Strong bullish impulse confirmed intent.
Closed Above Red Candle Series
↳ Bullish candle closed above multiple bearish candles.
Breaker Block Confirmed
↳ Former resistance now acting as support zone.
🎯 Target:
2024 High at 41.54
~60% potential upside from current price.
🛑 Stop Loss:
Below breaker block: around 23.30
🟩 Risk-Reward:
Reward: ~15.70 points
Risk: ~2.64 points
R:R ≈ 6:1
📌 Plan is active as long as breaker support holds. Monitor for any bearish invalidation signs.
