BINANCE:AXSUSDTPERP   AXS / TetherUS PERPETUAL FUTURES
100 trades crypto series
Starting date: 9/August/2021
Day 3
Starting capital: $500
Capital at present: $574
Trades made - 10
(all trading ideas in the series with comentary and outcome can be found on my profile)

BEAR VIEW:

-Entered on a strong bear breakout (bear candle closed on it's low)
-Apparently it was a final bull flag with visible rejections, signaling that bears are getting strength
-Strong rejection candle at the top of the range, signaling bear trend might be commencing
-Extended bull rally (bigger correction expected)
-Bearish divergence on RSI (HH on prices LH on RSI )

BULL VIEW:

-At the time of buying it is not clear if it is a bear trend or trading range.
-Formation of broad bull channel also still a possibility at the time of entry

Position size: 5 AXS
Risk:2%

Trade closed: target reached: Current capital $594

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