$AXS is down 6.0 percent today. I am passing on it
Volume sits at 0.6x the weekly average meaning real money is not backing this drop
Only 1.6M in daily volume means big orders will wreck this order book and trap you inside
I need an hourly close above 1.1550 before I touch it
Or I want to see a bounce off the 1.0680 swing low
It might keep running without me and a bad entry hurts way more than a missed move
Chasing $AXS here or waiting for 1.0680
#AXS #RiskManagement
Volume sits at 0.6x the weekly average meaning real money is not backing this drop
Only 1.6M in daily volume means big orders will wreck this order book and trap you inside
I need an hourly close above 1.1550 before I touch it
Or I want to see a bounce off the 1.0680 swing low
It might keep running without me and a bad entry hurts way more than a missed move
Chasing $AXS here or waiting for 1.0680
#AXS #RiskManagement