#AXL We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well We have a green support area at 0.800 after the price touched it and bounced from it We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher with a breakout Entry price...
NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence. Entry Point: Start accumulating once the price exceeds $0.97. Targets: Midterm Goal: 60% increase Long Term Goal: 170% increase Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer...
AXL Analysis and Signal on 4H 🔵Entry Zone 0.8769 - 0.9179 🔴SL 0.7890 🟢TP1 1.0602 🟢TP2 1.2190 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and...
According to the structure of the waves, it seems that AXL is in wave D of a larger pattern. The green area is the place of buy/long positions and the red area is the place of sell/short positions. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
AXL bulls are back in control after the price found support at $1.05. The bulls were able to push the price up to $1.29, after forming a double-bottom pattern. Currently, AXLUSD is trading at $1.22. I am cautiously optimistic about the short-term outlook for AXLUSD. If the current price holds, the bulls could make another attempt to break through $1.29. If...