PHB looks bullish
Updated
It looks like the PHB is forming a triangle.
We are now in wave E of this triangle.
The green range is a suitable support where we can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We are now in wave E of this triangle.
The green range is a suitable support where we can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
It was rejected by hitting the red box and then hit the green box and was pumped more than 16% and TP 1 was hit.
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