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The AXS chart is driving me crazy—around 1.0361, it's pure whale fighting among themselves, retail traders don't even have a chance to follow. There's no fundamental support, the K-line is shrinking with sideways movement, and the washout is disgustingly nasty.
Fighting the whales! Damn it, this kind of setup is just asking to be shorted. Short directly at 1.0361, set a slightly wider stop loss, target below 1.01. Don't even think about buying the dip—the whales are waiting to cut you.
Fellow players lurking in the shadows, keep quiet and follow only when you're sure. Click the card below and study the chart data yourself.
👇👇👇👇👇