$PHA Market Structure
Trend Transitioning into bullish expansion after long accumulation
Price breaking out from falling wedge structure
Structure forming Higher Highs and Higher Lows on lower timeframe
Momentum supported by strong volume expansion
Daily RSI approaching overbought indicating strong trend but possible short-term consolidation
Immediate Resistance: 0.038 – 0.040
Major Support: 0.028
Pullback Entry
Condition: Retest of Fibonacci support zone
Entry Zone: 0.034 – 0.035
Take Profit:
TP1: 0.038
TP2: 0.045
TP3: 0.053
Stop Loss: 0.031
Breakout Entry
Condition: Strong 4H candle close above resistance
Entry: 0.038
Take Profit:
TP1: 0.045
TP2: 0.053
Stop Loss: 0.034
Short Setup
Condition: Rejection from macro resistance zone
Entry: 0.053 – 0.056
Take Profit 1: 0.045
Take Profit 2: 0.038
Stop Loss: 0.059
