wave 4 will not overlap with wave 1
profitable quarter report
AAX SETUP | BULLISH
Price has formed a potential bottom at key support level of 1.71. We can observe:
1. Multiple technical bounces from this support level historically
2. Recent selloff reached oversold conditions
3. Formation of bullish candlestick patterns near support
4. Major moving averages starting to converge in this zone
TRADE IDEA:
- Entry: Current levels (1.79)
- Stop Loss: Below 1.71 support
- First Target: Previous resistance at 2.00
- Second Target: Recent high at 2.15
Risk:Reward ratio approximately 1:3 if targets are reached. Wait for confirmation of reversal with strong volume and bullish price action before entering.
#AAX #MYX #TechnicalAnalysis
Remember to always manage your position size and risk accordingly. This is not financial advice.
profitable quarter report
AAX SETUP | BULLISHPrice has formed a potential bottom at key support level of 1.71. We can observe:
1. Multiple technical bounces from this support level historically
2. Recent selloff reached oversold conditions
3. Formation of bullish candlestick patterns near support
4. Major moving averages starting to converge in this zone
TRADE IDEA:
- Entry: Current levels (1.79)
- Stop Loss: Below 1.71 support
- First Target: Previous resistance at 2.00
- Second Target: Recent high at 2.15
Risk:Reward ratio approximately 1:3 if targets are reached. Wait for confirmation of reversal with strong volume and bullish price action before entering.
#AAX #MYX #TechnicalAnalysis
Remember to always manage your position size and risk accordingly. This is not financial advice.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。