$STX - Bullish Pennant Breakout Entry
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STX is in news after publication by LunarCrush. On Daily and Weekly it's showing a heavily bullish sign, this is 4h timeframe and it did a breakout from pennant which is ascending means forming HL but also LH.I have kept two targets, first target is a resistance on Daily and second target is a Weekly resistance.
You can either enter if price comes back for a retest at breakout level or you can take entry at any level in between, but I technically believe that bullish momentum is strong and price might not come back for a retest.
Plan your trade and DYOR.
Transaction en cours
Orders filled.Note
Price going towards our first target, all is well as of now.Note
A bull flag is formed and now the price is reversing after retesting the previous high.Note
I scaled-in into this trade at 0.945
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