Long

QSP/USD

The idea here is about Quantstamp (QSP/USD).
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Mentioned below are the points to be considered for (QSP/USD).
Points as per TA on a daily Chart:

Mentioned are the points to be considered for (QSP/USD).
Points as per TA on a Daily Chart:

1.Gartley pattern XA & AB completed currently BC leg is in motion, price to go up to 0.093 with today’s volume being a break in the trend and also finding a very good resistance around 0.618 Fib Retracement. Then CD retracement should begin.

2.If price breaks above 0.093 then we are in Elliott’s wave 2-3 leg.

3.RSI sitting at 60 which is a very good signal.

4.MACD line yet to cross signal line on a daily chart.

5.The last 2 candles on daily is a Engulfing pattern as per Candlestick patterns.

6.Ichimoku Cloud is above Senkou A on a daily chart

7.Hull Moving Average on a day, week and month is a buy signal.

Disclaimer: The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment.
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Elliott WaveGartleyqspQSPETHQSPUSDTrend Analysis

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