MERIT – Buy Plan,Timeframe: Daily Chart | Dr Formation: H4

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MERIT – Buy Plan,Timeframe: Daily Chart | Dr Formation: H4MERIT PACKAGING LTDPSX_DLY:MERITAsif_Brain_WavesπŸ“ˆ MERIT – Buy Plan Timeframe: Daily Chart | Dealing Range Formation: H4 πŸ”· Buy Confirmation Conditions: Price must close above the black candle series A bullish Fair Value Gap (FVG) must form after that closure H4 Dealing Range must be valid and confirmed (details below) βœ… Valid Bullish Dealing Range – 5 Points: Attacking HTF POI: Price reacts from a Higher Timeframe bullish Fair Value Gap or Swing Low (Fair Value Area in this case). Bearish FVG: A short-term bearish Fair Value Gap forms on H4, trapping sellers. Bullish FVG: A bullish FVG forms on H4 timeframe, showing buyer interest and imbalance. Closed Above Black Candle Series: Price closes above the series of black (bearish) candles, confirming strength. Breaker Block: A broken resistance acts as support, confirming the bullish structure. 🎯 Trade Execution: πŸ“ Entry: After DR confirmation + bullish FVG + candle closure above black series πŸ›‘ Stop Loss: Below DR low 🎯 Target 1: 17.00 🎯 Target 2: 19.32 βš–οΈ Risk-Reward: At least 2R 🟦 Fair Value Area: 12.00 – 9.00 πŸ“ β€œWill only buy after full confirmation as per DR structure and bullish FVG.”