QVX proprietary flow just triggered a LONG signal.
Positioning into the 80,414 support shelf is where I want to re-engage. Dealer gamma remains net long above 85,845, so I expect a grind, not a melt-up. My plan: scale bids 82,200â83,000 on the pullback, stop 79,800, first target 85,845, runner to 88,500. Risk is 1.5% of book, sized to the stop, not the thesis.
The Strait of Hormuz headline is bearish for haven flows, but QVX doesn't trade headlines, it trades price. Spot bid is absorbing passive supply; perp funding is neutral, no crowding. If 80,414 holds on a closing basis, the path of least resistance is higher. đ
#QVX #BTC #TradingStrategy
Positioning into the 80,414 support shelf is where I want to re-engage. Dealer gamma remains net long above 85,845, so I expect a grind, not a melt-up. My plan: scale bids 82,200â83,000 on the pullback, stop 79,800, first target 85,845, runner to 88,500. Risk is 1.5% of book, sized to the stop, not the thesis.
The Strait of Hormuz headline is bearish for haven flows, but QVX doesn't trade headlines, it trades price. Spot bid is absorbing passive supply; perp funding is neutral, no crowding. If 80,414 holds on a closing basis, the path of least resistance is higher. đ
#QVX #BTC #TradingStrategy