Phillips 66

PSX (Phillips 66) Alert: Bearish Harmonic Setup Ready to Drop!

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🚀 PSX (Phillips 66) Alert: Bearish Harmonic Setup Ready to Drop! 🚀
Traders, eyes on the prize! 🔥 The finance card above shows PSX (Phillips 66) carving out a textbook bearish harmonic pattern on the 1-hour chart, signaling a potential downward move. We’re expecting this stock to kick off a juicy bearish trend, but let’s hold tight until the U.S. market opens on Monday to confirm the action. 📉
📊 Setup Breakdown:

Timeframe: 1-hour – perfect for catching this harmonic wave.
Key Move: Price is poised for a breakdown from the harmonic pattern’s resistance zone. Watch for confirmation post-market open on Monday!
Stop Loss: Set at a tight 2.42% above entry – keeping risk in check.
Profit Targets: First TP at 2% profit – a solid, low-risk win with proper risk management. If this setup hits full throttle, we’re eyeing over 11% gains! 💰

This is a high-probability trade with disciplined risk-reward, so don’t sleep on it! Phillips 66 is primed for a move – let’s ride the bearish wave! 🐻
⚠️ Disclaimer: Not financial advice – always DYOR and trade smart. Stocks can be volatile, so manage your risk like a pro!

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