Is anyone else watching a $QNT long at 196?
I'm seeing buyers defend support here. Staying patient for the right setup.
What I've got:
- 4H at 196, above the EMA50 at 196, buyers still have the trend
- On the daily, price is above the EMA200, the bigger trend is on this side
- Stop 1.6% away, TP3 2.5% away, roughly 1.6R to the last target
Entry 196.2–196.7 (long)
Targets 198.3 → 199.5 → 201.4
Invalidation 193.3
Not advice, size it yourself.
I'm seeing buyers defend support here. Staying patient for the right setup.
What I've got:
- 4H at 196, above the EMA50 at 196, buyers still have the trend
- On the daily, price is above the EMA200, the bigger trend is on this side
- Stop 1.6% away, TP3 2.5% away, roughly 1.6R to the last target
Entry 196.2–196.7 (long)
Targets 198.3 → 199.5 → 201.4
Invalidation 193.3
Not advice, size it yourself.
