QVX trend filter just flipped to SHORT.
Entry executed at 83,968 after price failed to reclaim resistance at 85,255. QVX momentum confirms distribution; I am scaling in on any rally toward 85,000–85,255, which now acts as supply. Initial stop above 85,600, invalidation on a daily close. First target 83,183, secondary extension near 82,400 if support breaks with volume. Risk per trade capped at 0.75% of equity. Funding remains mildly positive, so crowded longs may accelerate the downside. Traditional finance headlines are constructive long term, but QVX trades price, not narrative. 📉 Watching 83,183 closely for reaction.
#QVX #BTC #TradingStrategy
Entry executed at 83,968 after price failed to reclaim resistance at 85,255. QVX momentum confirms distribution; I am scaling in on any rally toward 85,000–85,255, which now acts as supply. Initial stop above 85,600, invalidation on a daily close. First target 83,183, secondary extension near 82,400 if support breaks with volume. Risk per trade capped at 0.75% of equity. Funding remains mildly positive, so crowded longs may accelerate the downside. Traditional finance headlines are constructive long term, but QVX trades price, not narrative. 📉 Watching 83,183 closely for reaction.
#QVX #BTC #TradingStrategy