AXTA
Hi traders!
Today we have a good idea for an intraday trade of AXTA
What's on the chart:
1. mirror level
2. The level is confirmed by shaking under it and false breakdown
3. 7% fast fall.
4. Closure near the level.
Strategy:
Entering a long at the breakup of the level.
Important: we consider the idea of an intraday trade to buy the instrument. This kind of trading requires basic knowledge of risk management and the ability to place stop orders to limit losses. We do not welcome trading without them and always promote to use SL-orders.
Trade closed: target reached