Don’t buy the damn candle after it already pumped. Wait for the retest, then see if buyers actually defend the breakout. If they do, $AXS can send another leg higher.
Entry: 1.1619 - 1.1768
TP1: 1.2142
TP2: 1.2479
SL: 1.1431
The 1H and 4H are still pushing higher, with the higher-high / higher-low structure intact. OI is up 11% in roughly five hours, while price is holding around the breakout area instead of immediately collapsing back below it.
AXS is already up hard over 24h, so chasing the spike is where traders get cooked. Let the retest come in. Hold the zone and 1.2142 is the first stop, with 1.2479 sitting higher if buyers keep pushing.
Entry: 1.1619 - 1.1768
TP1: 1.2142
TP2: 1.2479
SL: 1.1431
The 1H and 4H are still pushing higher, with the higher-high / higher-low structure intact. OI is up 11% in roughly five hours, while price is holding around the breakout area instead of immediately collapsing back below it.
AXS is already up hard over 24h, so chasing the spike is where traders get cooked. Let the retest come in. Hold the zone and 1.2142 is the first stop, with 1.2479 sitting higher if buyers keep pushing.
