Taking advantage of a potential wyckoff breakout
As the title says, axs is on a potential wyckoff breakout.
A wyckoff breakout is a breakout so big to the upside that you won't have to worry about your bills for the next 5 years.
Along with the potential wyckoff breakout, this asset has a potential trade setup for a value rotation to the upside.
I have seen much of this fractal leading into the highest of the range only to be rejected to the downside.
However, we are sitting pretty at the bottom of the range and the highest probability from the setup (if conditions are met), is to blast thru to the upside.
So what are the conditions?
1. Pretty much just go back to the value range, we are longing the VAL along with the reclaim of a weekly
A wyckoff breakout is a breakout so big to the upside that you won't have to worry about your bills for the next 5 years.
Along with the potential wyckoff breakout, this asset has a potential trade setup for a value rotation to the upside.
I have seen much of this fractal leading into the highest of the range only to be rejected to the downside.
However, we are sitting pretty at the bottom of the range and the highest probability from the setup (if conditions are met), is to blast thru to the upside.
So what are the conditions?
1. Pretty much just go back to the value range, we are longing the VAL along with the reclaim of a weekly
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