I'm watching AXS set up a low-risk bounce play near a well-tested demand level.
TRADE PLAN:
- Entry Zone: 0.870 - 0.895
- Target 1: 0.980
- Target 2: 1.080
- Stop Loss: 0.835
WHY THIS WORKS:
I'm entering where downside momentum is visibly fading. The defined demand floor allows for tight stop protection with plenty of upside room.
