Double Top formed on AXS. Time to retrace back to the ~$40 area
AXSUSDT
just got rejected at the previous ATH resistance and formed a double top. Powerful sign of a bearish movement that will probably stop somewhere between the 0.5-0.618 fibonacci movement.
Trade geschlossen: Stop wurde erreicht:
Stop loss hit. Multiple mistakes were made on this trade, including trading against the current trend and momentum. Lesson learned!