CMSTrading

AXS flag breakout

Long
BINANCE:AXSUSDT   AXS / TetherUS
Price had nice daily close, wicking down to 20 day ema, closing with a moderate bullish spread. Price made impulsive move up followed by a very clean flag - channel printed on the 4 hour. Price broke out on the 30 min time frame with ultra high volume to the upside.

Stop loss: Just below daily s/r and vpvr level, inside of previous channel, and in trough of volatility zone measured thru out channel
Take profit: At next daily zone, aligning with the 0.272 fib extension level of flag

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.