strong buy

AVAX Short Trade Setup with Defined Stop and Take Profit

A short trade on AVAX is being suggested, with entry at the stop level of 20.09, a stop-loss set at the structure's extremum of 20.60, and a take-profit target at 18.51.
Source available for registered users Sign Up Free

AI Analysis

The outlined trading plan indicates a bearish outlook for AVAX, with the entry point at 20.09 aligned with the stop level of high trading volume. The stop-loss at 20.60 suggests that the trader expect...

AI Recommendation

Implement this short position if current market conditions align with the technical signals provided. Ensure to set proper risk management measures in place, including the stop-loss at 20.60 to limit ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: