PIAHCLA is consolidating at the 0.382 Fib retracement on the daily — showing strong support at this level. On the weekly, it just printed an inverted hammer, signaling potential bullish reversal.
Zooming into the 1H chart, there's a clear bullish divergence in play, adding confluence to the long setup.
Entry looks solid at current levels. First target at ATH = 25, followed by a second TP at 32.5 based on ABCD pattern projections.
📍Entry: Current
🎯TP1: 25
🎯TP2: 32.5
📉SL: 17
Zooming into the 1H chart, there's a clear bullish divergence in play, adding confluence to the long setup.
Entry looks solid at current levels. First target at ATH = 25, followed by a second TP at 32.5 based on ABCD pattern projections.
📍Entry: Current
🎯TP1: 25
🎯TP2: 32.5
📉SL: 17
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.