SQ Short position Short

Block, Inc.NYSE

Description

⋅ Jan 31, 2024 2:06 PM

hi traders,

Let"s take a look at SQ chart on the 4 hours time frame. We expect the price to bounce until it reaches the resistance line. The short position can be taken after It reaches the resistance line.

Entry, Stop loss and target are shown on the chart

Risk-reward ratio: 4,88