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
Operación activa:
First entry filled
Axie Infinity Shard is revisiting the broken wedge & 100EMA, still expecting a bounce down from here.
Axie Infinity Shard is revisiting the broken wedge & 100EMA, still expecting a bounce down from here.
Operación cerrada: objetivo alcanzado:
TP1 reached with +21.46% (2x) and +1.15R
Axie 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$).
We trade what we see and not what we want to happen, results speak for themselves.
Axie Infinity Shard respected the supply zone properly and got rejected on 100EMA.
First target was hit twice already, SL moved to 2nd entry now (73.38$).
We trade what we see and not what we want to happen, results speak for themselves.
Operación cerrada: objetivo alcanzado:
TP2 reached with +36.96% (2x) and +2R
AXS got rejected on 100EMA again and kept diving as predicted!
Took most of the profit here and updated SL to 1st entry (70.32$) for remaining position.
AXS got rejected on 100EMA again and kept diving as predicted!
Took most of the profit here and updated SL to 1st entry (70.32$) for remaining position.
Operación cerrada: objetivo alcanzado:
TP3 reached with +56.04% (2x) and +3R
Axie 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.
Axie 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.