Eloquent

qtum short swing

Short
Eloquent Mis à jour   
FTX:QTUMPERP   Qtum Perpetual Futures
qtum looks bullish at first glance,
but when zooming out there's something bigger at play.

this move from yesterday looks like a simple zig-zag (5-3-5), and its currently resting just beneath the 100% extension.

i believe that the fifth wave is in, and it's currently in a phase of distribution here.

might see one more pop as a raid, before it capitulates to the downside algo target at $11.8
Transaction en cours:
starter position entered here, one more order at 17.5
Commentaire:
Covered half of my short here at +26%

moved stoploss to breakeven.
Trade fermée manuellement:
i'm out here ~

💸

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.