$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