$AXL M15 Bullish Bounce Idea

• Previous TA went well, price definitely soared towards the break points with almost reaching $1.3 price today, invalidating the formed bearish butterfly pattern in the process.

• Market above EMA200, currently trading above bullish NT, and has made a clear bounce from the M15 VAL.

• Predicting a visit towards the POC or even the VAL and make another successful bounce, breaking the 50% key resistance trendline along the way.

• TFO made a bullish median crossover; still have a lot of room for a push before overbought status.

Key break points to WOF:

• $1.2556

• $1.2655

• $1.2799