QTUM has been building a nice bottom over the last month or so with a great looking inverse head and shoulders, and since its previous down trend there isnt a whole heap of structure in its way for a return to descent price.
looking to start adding to a long term position here at the bottom of the right shoulder and keep an eye on this over coming weeks.
first to mid term targets 50-130% with the next major market structure at around 300%
this may not be something we hold the whole way up as we know the market doesn't move in a straight line, so we may look to trade this the whole way up (if thats its direction) and compound our bag all the way to final target :)
Remember, position trading comes with bigger short term risks, you need balls to hold through the dips, if your not prepaired to take 20-30% neg hits then position trading is not for you ;)
looking to start adding to a long term position here at the bottom of the right shoulder and keep an eye on this over coming weeks.
first to mid term targets 50-130% with the next major market structure at around 300%
this may not be something we hold the whole way up as we know the market doesn't move in a straight line, so we may look to trade this the whole way up (if thats its direction) and compound our bag all the way to final target :)
Remember, position trading comes with bigger short term risks, you need balls to hold through the dips, if your not prepaired to take 20-30% neg hits then position trading is not for you ;)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.