AXS reaching a demand zone during a strong bull trend. 1:3 setup
AXS broke the 100 SMA and is now reaching the 200 SMA,
the overall trend is nice and bullish and the volume profile suggests to me that some buyers are around the corner.
Let's try to enter the same area where we had a big bullish candle with big volume.
The risk-reward is 1 to 3, the stop is below the demand zone and the target is at a recent high volume node
the overall trend is nice and bullish and the volume profile suggests to me that some buyers are around the corner.
Let's try to enter the same area where we had a big bullish candle with big volume.
The risk-reward is 1 to 3, the stop is below the demand zone and the target is at a recent high volume node
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