MATICUSD Bearish Structure Again

14 févr. 2023

MATIC Bulls do not want to see this H&S at a Double Top Fail out of the Bearish up channel.

17 févr. 2023

Note

The structure never broke trade never triggered still bearish looking.

21 févr. 2023

Note

While the initial short setup to did not trigger, choosing to take out stops above attracting bull suckers only to dump it on them too, the short setup is still there on a break of structure.

25 févr. 2023

Note

Matic is about to Trigger a short.

1 mars 2023

Note

Short Triggered as expected.


Now apply proper risk management

1 mars 2023

Note

A right should could form here. Still bearish.

3 mars 2023

Note

KABOOM!

4 mars 2023

Note

Matic New Lows as expected.

7 mars 2023

Note

A better-defined right shoulder would not be unreasonable.

26 mars 2023

Note

Matic has now formed a more solid right shoulder.

7 mai 2023

Note

Matic has had no correction since my short call. In fact, it is even lower.
Bad JUJU!

8 mai 2023

Note

MATIC new lows.

9 mai 2023

Note

New lows!

10 mai 2023

Note

New lows again.

17 mai 2023

Note

Matic is forming a small bear flag

18 mai 2023

Note

Matic nose diving as expected.

8 juin 2023

Note

After posting the bearish flag MATIC did collapse as expected. Now trading 0.78 as the carnage continues.

24 juin 2023

Note

Yet another bearish setup in MATIC. Wait for a trigger.

26 juin 2023

Note

As expected MATIC is now at a key area

29 juin 2023

Note

BINGO!

Another Great Call! ;)