BRIGADE – Falling Wedge at Demand Zone, Waiting for BOS
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.
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.