qqe is moving on with another short entry on bitcoin vs the dollar. if dxy opens hot to the upside there will be a completion of a bearflag. were right around the .382 of extention so if we bounce it could mean continued upside on the lower timeframes. 39516 and 40333 are targets
Note
could cover in low 396s
Note
stop loss 39786
Note
reshort if we cant break 399
Note
cover
Trade closed: target reached
long and short targets were hit
Note
hourly targets are 409 and 394 after that is 4188, 3879
Note
price action roughly in bearish triangle
Note
this is a historical technical trend this is the current trend there are similarities, but it could go either way still.
Note
i would cover again here
Note
4hr pattern looking like it should break soon
Note
coming to the tip of the range if we break bear looking for something like 38228.5 if we do something more bullish looking for about 38448
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.