Davide_Manfrini

Davide_Manfrini

huge volume void to target , bullish momentum is weakening, lots of stop losses below the lows of past days I expect a sharp drop, trailing stop every 2 consecutive buying candles (4h chart)

Davide_Manfrini

We are consolidating around the 67 K, near the POC of the last days. In order to take the trade I want to see a close below 69K in the next 8 hours. Let's get a quick short

Davide_Manfrini

we have completed the accumulation phase and are ready to discover price upward nice liquidity in form of stop losses are resting near the round number 1.00 risk to reward are interesting, easy to set-up a 2:1 trade

Davide_Manfrini

big volume spike near all time low, leaving the value area to explore price upward, 30.0 is a round and easy reachable level, that would mean about 80% ROI, stop loss should be below 15.0

Davide_Manfrini

the boat is loaded, volume pickup at all time lows, we can easily reach up into -95% from all time highs...well that's a 650% ROI let's squeeze some bears :)

Davide_Manfrini

90% ROI expected by this summer, lots of volume is picking up at the all time low, we are ready for a little retracement !!

Davide_Manfrini

volume spike talks for itself, only reaching 0.6 would mean 100% ROI, lets goo

Davide_Manfrini

volume picked up very nicely indicating the bottom is formed for now, new high is approaching in the nex months

Davide_Manfrini

the bottom is formed :) next stop the old highs to grab a lot of liquidity

Davide_Manfrini

AXS broke the 100 SMA and is now reaching the 200 SMA, the overall trend is nice and bullish and the volume profile suggests to me that some buyers are around the corner. Let's try to enter the same area where we had a big bullish candle with big volume. The risk-reward is 1 to 3, the stop is below the demand zone and the target is at a recent high volume node

Davide_Manfrini

It seems to me we are leaving an important value area and we are going to test the demand zone located at 11.00-10.00 Sellers also showed strength with the last high volume candle which was followed by lower lows

Davide_Manfrini

Triangle is forming, no real direction suggested by volume profile, let's try to buy low and sell high. Buying at the low limit of the triangle and trying to ride it to the POC.

Davide_Manfrini

I think we could bounce off the previous POC, we are trading at the level from wich we run up massively the first time. let's see if we run up again

Davide_Manfrini

We are making lower lows with less and less volume while hitting the previous POC, this could be a sign that sellers are running over. I think we could retest the current value area, maybe a 50% gain in the next month? Let's see, risk-reward makes sense

Davide_Manfrini

I like the fact that we have fair value above actual price and the next major supply is farther away. It makes sense to me to catch a retest of the huge wick we threw in recently. I expect that the trading range of the last 2 weeks will not break for a few more weeks, in the meantime let's try to buy at the bottom of the range!

Davide_Manfrini

We are hitting an interesting demand and volume is picking up, maybe we are ready to bounce. Let's try to catch a retest of the long day candle and ride it to the previuos value area

Davide_Manfrini

We have breakout from the previous value area and a descending triangle that lasted several weeks. I think we are going to retest the previous value area before we continue to fall, maybe we can get down to 25, where a lot of volume has been driven in the past

Davide_Manfrini

The volume profile is showing us a nice level of demand, I think we will bounce off the bearish trendline until we reach some demand down there. I have positioned the target in the breakout zone of the current bear move, thinking about a retest up there.