QES has reacted at Fibonacci 2.618 on lower timeframe with a massive pullback, however remains Bullish as long as support level at S1 is still intact. Movement below 0.54 will violate the up trendline and Support level at S1 hence the price could drop lower to the next support levels.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Comment:
Hurdles is seen at 0.64, followed by 0.70
Trade closed: target reached