SALAM-DFM-1H , Pullback from demand zone + Trend Breakout

SALAM has been riding a solid bullish channel since early 2023, printing higher highs and higher lows. Recently, price saw a clean pullback to a prior demand zone around 2.04 – 2.12 after breaking out from the upward channel. We are now seeing potential reactive buying from this zone. The last swing high around 2.84 sets the benchmark for potential re-test.

Trend: Medium-term bullish.
Current structure: Pullback in bullish trend.

Demand Zone: 2.04–2.12

Trendlines: Green support from early 2023 remains respected broken .
Short term down trend by 1H candle closed above the line.

🎯 Trade Plan:

Entry: 2.12

Stop Loss: 2.04 (below demand zone)

Take Profits:

TP1: 2.24 (1:1)

TP2: 2.34

TP3: 2.41

TP4: 2.50

TP5: 2.64

TP6: 2.74

TP7: 2.84 (7:1 RR)

Risk/Reward: Up to 7:1 RR

Max RISK: 1–3% of capital only

Trade Management:

Move SL to breakeven at 2.24 (Add Alarm)

Scale out 30% at TP2, 30% at TP4, ride the rest to TP7


“Trade what you see, not what you think.” – Mark Minervini

⚠️ Disclaimer:

This analysis is for educational purposes only. Always conduct your own due diligence and consult your financial advisor before entering any trade.

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