Looks like after a quite strong bull run and being super overbought, the bear run has gotten started for AXS, based on this TA we are gonna have a 5-3-5 ABC correction wave which the first wave seems to be finished, we're probably gonna be seeing some bull movement in the 4 hours timeframe since the RSI 40 is gonna act as a temporary support and and starting the wave B, but after that we will have a super strong bear movement to complete the wave C, which I assume the correction will go as low as 12 to 13 by the next week or two.
NOT FINANCIAL ADVISE
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NOT FINANCIAL ADVISE
Please feel free to share your thoughts in the comments and if you liked the TA upvote it.
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