🚨 $QNT is giving me exactly the rejection signal that shouldn’t be ignored.
I’m opening a BIG SHORT POSITION here on $QNT with 20x leverage.
TP: $220
SL: $275
The 4H chart shows the setup pretty clearly. QNT has climbed back into the $260–$270 zone, but every attempt to hold above it ends in a rejection. The latest candle wick near resistance was exactly the confirmation I was waiting for.
The price is now back around $255, and if sellers continue to stay in control, I think the next significant move will be down, not another breakout attempt.
My target is the $220 level. I expect the bigger move down to eventually reach that point if this rejection develops into a further decline.
I’m opening a short not because $QNT is currently in the red, but because the price tried to move higher, failed, and immediately returned to the range.
This setup looks much clearer to me than random scalping.
I’m opening a BIG SHORT POSITION here on $QNT with 20x leverage.
TP: $220
SL: $275
The 4H chart shows the setup pretty clearly. QNT has climbed back into the $260–$270 zone, but every attempt to hold above it ends in a rejection. The latest candle wick near resistance was exactly the confirmation I was waiting for.
The price is now back around $255, and if sellers continue to stay in control, I think the next significant move will be down, not another breakout attempt.
My target is the $220 level. I expect the bigger move down to eventually reach that point if this rejection develops into a further decline.
I’m opening a short not because $QNT is currently in the red, but because the price tried to move higher, failed, and immediately returned to the range.
This setup looks much clearer to me than random scalping.
