AXS - Someone is collecting a big position
Updated
Reasons to take short
⭐️ We are in a bear trend
⭐️ Level is clean
⭐️ Level is 13 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ Trading near the level for a couple days
⭐️ 4th touch
⭐️ 40 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
⭐️ We are in a bear trend
⭐️ Level is clean
⭐️ Level is 13 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ Trading near the level for a couple days
⭐️ 4th touch
⭐️ 40 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Note
Note
Now I am looking to long it since liquidity was collected
👑if you want to join a private community to follow my trades, explore trading plans and chat with real traders 👉 bit.ly/AdminKeps
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.