I'm looking at this move carefully, $AXL has broken out strongly from a prolonged consolidation, printing a clean impulsive move with expanding momentum. The breakout was followed by a brief pause and continuation, confirming buyers are in control. Market structure is bullish with higher highs and higher lows, and the previous range now acts as demand.
AXL
0.0806
+17.83%
Trade Setup
Entry Zone: 0.088 – 0.092
TP1: 0.105
TP2: 0.120
TP3: 0.140
SL: 0.078
Risk a small fixed percentage per trade, avoid chasing extended candles, and secure partial profits at targets while trailing stop loss to protect capital.