Long
BUY QTUMUSD IF it closes above $32.25 on the Hourly Chart
BUY QTUMUSD IF it closes above $32.25 on the Hourly Chart!
QTUMUSD crossed above the most recent swing high at $21.75 and is consolidating in a nice tight range.
A breakout above the $32.25 will trigger another buy, with a fib level target of $65!
Momentum is positive and the price action encouraging.
Target $65 and Stop Loss $24.70!
Aiming for an approx. 4R!
Happy Trading
Lindosskier
QTUMUSD crossed above the most recent swing high at $21.75 and is consolidating in a nice tight range.
A breakout above the $32.25 will trigger another buy, with a fib level target of $65!
Momentum is positive and the price action encouraging.
Target $65 and Stop Loss $24.70!
Aiming for an approx. 4R!
Happy Trading
Lindosskier
Note
Entry would have been at the $33 level and QTUMUSD is now trading around $49!Trail stops to the 8 Exponential Moving Average on the Daily chart, on a closing basis.
We are doing this to protect profits and ensure that we will have a great return in a few hours!
Happy Trading
Lindosskier
Note
Profit MORE THAN HIT. It just blasted through the $65 level, with a high at $75!Amazing trade for those who took it.
Lindosskier
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.