AXSUSDT Pullback: Watch for Bullish Signs at OB & Demand Zone🚀
đź’Ž Paradisers, #AXSUSDT is pulling back after showing a Change of Character (CHoCH) towards a bullish market structure and breaking out of the triangle pattern. It has also filled the entire previous Fair Value Gap (FVG).
đź’Ž Now, my strategy is to look for bullish signs at the bullish Order Block (OB) and Demand zone. If #AXS starts showing an Internal Change of Character (I CHoCH) from here, it will increase the likelihood of a bounce from this level.
đź’Ž However, if the price falls below this level without showing any bullish signs, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
đź’Ž Now, my strategy is to look for bullish signs at the bullish Order Block (OB) and Demand zone. If #AXS starts showing an Internal Change of Character (I CHoCH) from here, it will increase the likelihood of a bounce from this level.
đź’Ž However, if the price falls below this level without showing any bullish signs, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.