$Q 👈 Want the real chart? Click here, the bottom tag will not show it
Q pumped 90% from 0.021439 in 5 days, and the move started to run out of steam. 0.035085 is the bottom of that 27% pullback and price has not been back to it since. Price pushed 1.3% above the old high at 0.040097, printed a new high at 0.040634 and gave it back. It is trading just above 0.040097 now. Entry 0.040158 is simply where price stands now. Stop 0.042695, target 0.035085, reward about 2R.
Short
Entry 0.040158 | Stop level 0.042695 | Take profit 0.035085
DYOR.
Q pumped 90% from 0.021439 in 5 days, and the move started to run out of steam. 0.035085 is the bottom of that 27% pullback and price has not been back to it since. Price pushed 1.3% above the old high at 0.040097, printed a new high at 0.040634 and gave it back. It is trading just above 0.040097 now. Entry 0.040158 is simply where price stands now. Stop 0.042695, target 0.035085, reward about 2R.
Short
Entry 0.040158 | Stop level 0.042695 | Take profit 0.035085
DYOR.