Avax broke out once it reached our structure level at 80. We are now seeing an ABC correction for another move higher.
Trade Idea:
- Watch for break of descending red trendline and enter with stops below the recent lows
- Risk entry would be now with stops below the 618 fibonacci
- Take your positions off at each of the fib levels: 0, -0.27 and 0.618
Goodluck!
Trade Idea:
- Watch for break of descending red trendline and enter with stops below the recent lows
- Risk entry would be now with stops below the 618 fibonacci
- Take your positions off at each of the fib levels: 0, -0.27 and 0.618
Goodluck!
Comment:
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