๐ LONG
$PHAROS ๐ฐ Entry: 0.47380
๐ก Stop-loss: 0.45136 (โ4.7%)
๐ฏ Take-profit: 0.51868 โ 0.58580
๐ A bullish engulfing candle just swallowed the prior red bar off the EMA20, locking the pullback low and handing control back to buyers.
โข EMA stack fully bullish with a 7.4% spread, trend is doing the heavy lifting
โข Shallow 2.8% pullback into EMA20 held on first test, no weakness shown
โข Engulfing confirmation at 0.92 ATR range, a decisive body, not a doji spin
โข 4H and daily trend both aligned, higher-timeframe flow agrees with the long
โข R:R is favorable with a tight 4.7% invalidation below the fresh swing low
โญ Score 67.2/100 โ
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Long bias while price holds above EMA20 on a closing basis; enter on confirmation, stop under the engulfing low, scale into strength.
๐ฌ Long
$PHAROS too, or taking the other side? Drop your call below.
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๐ Follow for hourly setups.