Doge is forming the BULLISH PENNANT on the hourly chart as well as forming daily inside bar.
Our step up on this trade;
We do breakout trade once the pennant has been broken its highest level.
Stop loss will be below the first candle(hr) that breaks the level.
Simple and strong momentum chaser.
or
The safer way to do this is when it comes back down for a retest with confirmation but more likely have a lesser chance.
Good luck to you all,
bb2thetrader.
Our step up on this trade;
We do breakout trade once the pennant has been broken its highest level.
Stop loss will be below the first candle(hr) that breaks the level.
Simple and strong momentum chaser.
or
The safer way to do this is when it comes back down for a retest with confirmation but more likely have a lesser chance.
Good luck to you all,
bb2thetrader.
loook out!!