The pullback only retraced about 30% of that leg, then price took out the previous high again, which left the inducement at 8.386. Stops at 8.386 got run, then price reclaimed it on the close straight away. That's the signal. 8.496 is the obvious draw since that's where the fresh high sits. Stop at 8.3415, nothing more complicated. The stop stays where it is, I won't be moving it.

🟢 $CXMT Long
Entry zone 8.393 | Stop level 8.3415 | Take profit 8.496
DYOR.