Double Top formed on AXS. Time to retrace back to the ~$40 area
AXSUSDT just got rejected at the previous ATH resistance and formed a double top. Powerful sign of a bearish movement that will probably stop somewhere between the 0.5-0.618 fibonacci movement. Trade closed: stop reached
Stop loss hit. Multiple mistakes were made on this trade, including trading against the current trend and momentum. Lesson learned!
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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.