$AXS/USDT 4h (Binance Fut.) Ascending broadening wedge breakdown
Axie Infinity Shard brutally lost local support and has now pulled back to it, looks like a bearish retest.
Current Price= 70.03
Sell Entry = 70.32 - 73.38
Take Profit= 64.14 | 58.62 | 51.72
Stop Loss= 78.57
Risk/Reward= 1:1.15 | 1:2 | 1:3
Expected Profit= +21.46% | +36.96% | +56.04%
Possible Loss= -18.70%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 70.03
Sell Entry = 70.32 - 73.38
Take Profit= 64.14 | 58.62 | 51.72
Stop Loss= 78.57
Risk/Reward= 1:1.15 | 1:2 | 1:3
Expected Profit= +21.46% | +36.96% | +56.04%
Possible Loss= -18.70%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
تم فتح الصفقة
First entry filledAxie Infinity Shard is revisiting the broken wedge & 100EMA, still expecting a bounce down from here.
أغلقت الصفقة: تم الوصول للهدف
TP1 reached with +21.46% (2x) and +1.15RAxie Infinity Shard respected the supply zone properly and got rejected on 100EMA.
First target was hit twice already, SL moved to 2nd entry now (73.38$).
We trade what we see and not what we want to happen, results speak for themselves.
أغلقت الصفقة: تم الوصول للهدف
TP2 reached with +36.96% (2x) and +2RAXS got rejected on 100EMA again and kept diving as predicted!
Took most of the profit here and updated SL to 1st entry (70.32$) for remaining position.
أغلقت الصفقة: تم الوصول للهدف
TP3 reached with +56.04% (2x) and +3RAxie Infinity Shard achieved all target on time, we must say that was a pretty accurate short!
Trade is fully closed now, waiting for reversal pattern to form before trying to long it back-up.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.