I am passing on $AXS today. Volume is only 0.6x average
That boring number tells the whole story
Price sits at 1.2400 up 3.8 percent on the day inside a tight range
Moves without volume tend to fade fast
I need to see an hourly close and hold above 1.2750 before I care
Or a pullback that holds 1.1920 and bounces cleanly
It could keep running without you and a bad entry costs more than a missed move
Chasing $AXS here or waiting for 1.1920
#AXS #RiskManagement
That boring number tells the whole story
Price sits at 1.2400 up 3.8 percent on the day inside a tight range
Moves without volume tend to fade fast
I need to see an hourly close and hold above 1.2750 before I care
Or a pullback that holds 1.1920 and bounces cleanly
It could keep running without you and a bad entry costs more than a missed move
Chasing $AXS here or waiting for 1.1920
#AXS #RiskManagement