Since my previous analysis on AXS everything played out exactly as i projected, now what we can see is the market has once again made a healthy correction and seems to be showing signs of a deceleration, on the 4hr timeframe we can see a double bottom formation forming at the 0.50 fib support, a 4hr close above the descending corrective trendline in confluence with the 10ema would be a good entry confirmation to capitalise on the continuation to the upside. SETUP remains invalid until we see 4hr close above this zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.