QNT has had a great run up the last few weeks, looks to have topped or nearly topped now. Clear 5 waves with wave 3 hitting 2.0 fib and waves 1 & 5 at very similar price ranges.
Bearish divergences playing out on D1, H4 and H1 and volume declining on the most recent move up.
Would look to short/sell and buy back lower here.
TP of 0.5 fib
SL above February high
Bearish divergences playing out on D1, H4 and H1 and volume declining on the most recent move up.
Would look to short/sell and buy back lower here.
TP of 0.5 fib
SL above February high