MEBL Buy Set-up (H) β€” Momentum Accumulation Zone

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MEBL Buy Set-up (H) β€” Momentum Accumulation ZoneMeezan Bank Limited.PSX:MEBLTHE-CHART-ALCHEMISTπŸ“Š MEBL Buy Set-up (H) β€” Momentum Accumulation Zone πŸ§ͺ By The Chart Alchemist πŸ§ͺ 🟒 Setup Type: Breakout Continuation / Accumulation Buy ⏱️ Timeframe: H (Hourly) πŸ“¦ Entry Zone (Buy Range) 🟑 Buy Area: 490 – 500 PKR πŸ“ Ideal accumulation zone before momentum expansion 🎯 Target Ladder πŸš€ TP1: 520 PKR πŸš€ TP2: 549 PKR πŸš€ TP3: 560 PKR πŸš€ TP4: 580 PKR πŸš€ TP5: 596 PKR πŸ›‘ Stop Loss πŸ”» SL: 465 PKR ❗ Invalidation below structural support zone πŸ“ˆ Trade Logic (Context) Price is positioned in a controlled accumulation band (490–500) Structure suggests potential markup phase if breakout sustains above 500+ Targets reflect progressive liquidity expansion zones SL placement protects against full structure breakdown below 465 βš–οΈ Risk Framing Entry is low-zone accumulation β†’ high upside extension setup Reward path is multi-leg bullish expansion (520 β†’ 596) Requires volume confirmation on breakout above range ceiling