Updated
Adding QNTUSD for a short term bounce
I'm looking to add to QNTUSD at the 110 - 113 level for a possible short term bounce. The lower time frames are now looking very oversold (1hr - 4hr). The Daily (see below) still looks like it has further to go on the downside. A bounce at 110-113 could see a restest of the breakdown at 120. I can see the downside resuming to the 98-100 area bigger picture.
Trade closed: target reached
the 120 target for QNTUSD has been reached and the trade has been closed. I see weakness coming in with a possibility it rolls over for a test of the 100 region. Alternatively we consolidate here into a flag for more upside. FOMO meeting minutes today could give us a direction and present a possible good entry point. For the time being we wait. 
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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.