Just like with any other signal, these are swing trades, the reason we do this kind of trades is to allow everyone to get in before the price moves, since we manage a group here, it would be impossible for all of you to jump into a trade if we give you only a few seconds to do so.
PHB should take at least 24-72 hours before starting its move upwards, once we are placing our orders below the current price, we create liquidity, that liquidity tempts the remaining whales which are holding it to sell as it brings them an opportunity, those who don't know the price is about to jump as we do. therefore we don't need to dive in straight away, those orders at lower prices tend to get filled, at least partially, and give us a safer entry, with a better R:R ratio.
Now to the technical part, since many of you here are eager to learn, I will add a few additional factors that brought us into this trade, apart from riding the bullish trend - 1D Cloud and Ribbon, we have created a bullish cross on the Ichimoku indicator, a cross while hovering above the cloud = bullish.
We got multiple bullish divergences on the 1D RSI as well, and while our MACD seems to be falling, it's actually still good since we are in bulls territory.
I marked everything on the chart for you.