FABL – Bullish Continuation Setup | HH-HL + Fibonacci ConfluenceFaysal Bank LimitedPSX_DLY:FABLAlphaEdge_TradingFABL is maintaining a clear uptrend structure with consistent Higher Highs (HH) and Higher Lows (HL), indicating strong bullish control in the market. Recently, price has completed a Fibonacci retracement, pulling back into the key 0.618 – 0.5 zone. The 0.618 level is a significant Fibonacci level often associated with trend continuation, and price reacting from this region suggests buyers are stepping back in. Trade Setup: Entry (Buy Range): 94.20 – 94.50 Stop Loss: 85.50 Take Profit: 105 Analysis: • Strong HH-HL structure confirms ongoing uptrend • Price retraced into 0.5–0.618 Fibonacci support zone • 0.618 acting as key demand level • Expecting continuation toward previous highs Plan: This is a pending breakout setup. Entry should be taken only after confirmation of bullish momentum, ensuring price resumes its upward move from the Fibonacci zone. Risk Management: Stop loss is placed below the recent swing low at 85.50 to protect against trend invalidation. Target is set at 105, aligning with previous highs. Trade with confirmation — let the breakout validate the continuation.