Description
⋅ Hello everyone, if you like the idea, do not forget to support with a like and follow.
STX is sitting around strong demand and round number 1.0 so we will be looking for buy setups.
on H1: STX formed a valid ascending triangle in red but it is not ready to go yet. (projection in purple)
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the upper red trendline (1.250) to buy.
Meanwhile, until the buy is activated, STX would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich