So, trade set up activates below 161 & one should put stop loss of upcoming high or high which is already in place above mentioned targets.
It is a comment only - PNB now struggling to go down below 157-156 is giving us a hint that it wants to travel upside & likely once it starts moving above 158.50-159 & crosses above that zone then holding 156 & below shall be key level for bulls.
Here Bulls could Take PNB above 159 for 164-176+
There is a double email@example.com(our pattern above)- once crosses that as well shall good bullish sign for next moves upside.
You need to do analysis at your end to confirm. I have just put the idea.