QNT USdt great risk reward short
this is a great risk reward situation.
i will enter a short here at 129$
and i'm lookg for a take profit at 14.2$
that is a 11.5% and will use 3x leverage.
on the other hand,if a 4hour candle closes above 131.2$ i will cut losses and that is a 1.6% risk.
techincal supports it and qnt needs a small pullback.
for a safer bet you can take some profit at 120.3
i will enter a short here at 129$
and i'm lookg for a take profit at 14.2$
that is a 11.5% and will use 3x leverage.
on the other hand,if a 4hour candle closes above 131.2$ i will cut losses and that is a 1.6% risk.
techincal supports it and qnt needs a small pullback.
for a safer bet you can take some profit at 120.3
Note
target is obviously 114.2$ and not 14.2it was a typo
Trade closed: target reached
soft target was reached
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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.