AXS - Someone is collecting a big position

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

Комментарий:

Комментарий:

Now I am looking to long it since liquidity was collected