CMSTrading

AXS flag breakout

Long
BINANCE:AXSUSDT   AXS / TetherUS
Price had nice daily close, wicking down to 20 day ema, closing with a moderate bullish spread. Price made impulsive move up followed by a very clean flag - channel printed on the 4 hour. Price broke out on the 30 min time frame with ultra high volume to the upside.

Stop loss: Just below daily s/r and vpvr level, inside of previous channel, and in trough of volatility zone measured thru out channel
Take profit: At next daily zone, aligning with the 0.272 fib extension level of flag

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