$PHA short setup

Entry: 0.05900 – 0.06200 (current zone or on intraday relief bounces into the wick).

Stop Loss (SL): 0.06750 (placed cleanly above the 0.06642 daily wick to protect against a secondary liquidity sweep).

Take Profit (TP): TP1 at 0.04800 (mid-point of the daily expansion); TP2 at 0.03900 (re-test of the daily EMA 7).