Posteo

$PHA is up more than 63% and sitting around 0.08312. That kind of expansion makes me even less interested in chasing the current candle. I’d rather see the first pullback find buyers and then reclaim the breakout area. Entry: 0.0760–0.0790 Confirmation: Reclaim 0.0835 and hold it on retest SL: 0.0720 TP1: 0.0880 TP2: 0.0950 TP3: 0.1050 TP4: 0.1200 Around 0.0775 entry, that gives roughly 1.9R, 3.2R, 5R and 7.7R. The key for me is whether volume stays elevated while price holds the pullback.