$Q 👈 Open the real chart from here, the bottom tag is not the same chart
Short - entry 0.035901, stop level 0.039092, take profit 0.02952 (1:2)
Q pumped 71% from 0.021284 in 5 days, and the move started to run out of steam. I have 0.02952 marked as the inducement from a 35% retrace. It poked above 0.033997 by just 7.2% and rolled over. 0.02952 is still sitting there as the draw. The inducement at 0.02952 is the target and the stop is 8.89% away at 0.039092.
Short - entry 0.035901, stop level 0.039092, take profit 0.02952 (1:2)
Q pumped 71% from 0.021284 in 5 days, and the move started to run out of steam. I have 0.02952 marked as the inducement from a 35% retrace. It poked above 0.033997 by just 7.2% and rolled over. 0.02952 is still sitting there as the draw. The inducement at 0.02952 is the target and the stop is 8.89% away at 0.039092.