AXAUSDHello , we did fake out on trend line and now we are taking liquidity and we are waiting for confing next week for open short/long. Good Luck
LongAxausdtlong
Long
AXA LONG SETUPMarket just finished 1-5 Elliot wave, broke a downtrend and started ABC correction ,we are expecting price to bounce at 57 zone which is 0.618 fib zone (Reversal zone) and also we can see an institutional candle in 4h timeframe.
Target: 104
Entry: 57
Invalidation: 48
R/R Ratio: 5.22
Long