PHB buy setup

30 juin 2024

The large structure of the PHB is a bear. But recently a bullish iCH has been formed on the chart and the price is constantly making higher Hs.

It is expected that the price will move towards the targets by meeting the demand.

The targets are clear on the chart.

Closing a 4-hour candle below the invalidation level will violate the analysis.

Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.

If you have any comments please post them, comments will help us improve our performance
Thanks

4 juil. 2024

Trade fermée manuellement

PHB went to Supply without touching Demand. We no longer enter the position because it has swept new sell orders