QNT TREND-FOLLOWING

Updated
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

QNT WHAT'S NEXT!

As we can see price is still trading inside this bearish channel making clean lower lows and lower highs

However, from higher time frame price is around a rising trendline.

And for the bulls to kick in we need a break above the last major swing high, which is the neckline of the inverse head and shoulders pattern.

Unless price managed to be trading lower, then we will be looking for new longs around the lower rising trendline.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Note
Telegram channel: t.me/Snipers_F_x
Chart PatternsSupport and ResistanceTrend Analysis

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