It is entirely possible to create this in Photoshop, using the pen tool to create vector paths, stroking the paths; it would however be far easier and faster to create this as vector art in Illustrator or Affinity Designer, Sketch App or Inkscape.
That said, it’s a very basic beziér pen tool exercise – I’d start by drawing it aligned horizontally and rotating once you have it complete to make the process simpler:
I set up guides to make proportioning easier (and I add more as I go through) and start my vertical penline by snapping to the lefthand vertical guide I drew – use
shift to constrain the lines to 45º increments:
Add an ellipse to your path for the hole, starting at the centre (I added a guideline) by holding
option (Mac) or
alt (Win) as you click and pull; switch to the Paths palette (next to the Layers palette), choose your work path and right-click on it to then choose “Stroke Path” (note: select your brush and brush size first!):
Hope this helps.