AVAX - Take Profit Hit! Whats Next?
In our last AVAX analysis, we were waiting for a breakout to enter with targets of 92 (-0.27 fiboonacci target).
The 80 structure level is approaching and that would be the ideal place to enter for a continuation trade.
Trade Idea:
Watch for price to correct back to the structure level at 80
Enter on bounce of structure level
SL below the structure
TP: 106
Please use appropriate risk management as this move is overextended so there might be a deeper pullback.
The 80 structure level is approaching and that would be the ideal place to enter for a continuation trade.
Trade Idea:
Watch for price to correct back to the structure level at 80
Enter on bounce of structure level
SL below the structure
TP: 106
Please use appropriate risk management as this move is overextended so there might be a deeper pullback.
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