Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QNTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 91.1
TP2= @ 107.9
TP3= @ 127.9
TP4= @ 154.5
TP5= @ 174.3
SL= Break below S2
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