The Symmetrical Triangle is just one piece of the puzzle. See the full technical breakdown.
Consolidation. Can break either way.
Bearish continuation pattern.
PH is showing interesting structural developments at $905.53. Currently at $905.53, the asset is showing upward momentum (2.54%). Algorithmically, a Descending Triangle structure has completed. The trend indicator is reading 37.2/100, suggesting moderate momentum. A potential breakout level is identified at $815.01, targeting $654.57 with support near $906.75 (R:R 1.75).
What is your outlook on PH?