MATIC IS A BEAST

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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.

MATIC, as per our last analysis attached to the picture, let's update it now.

As we clearly see price above our previous major high and kept moving higher and higher

However, and for now we are still overall bullish trading inside this channel, from a long-term perspective.

Meanwhile price now is around a strong resistance zone where we are speculating a bearish movement

If the price managed to reject our resistance then a further movement lower would be expected
Till the lower rising trendline and support zone

Where we will be looking for new longs as a trend continuation


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
SEE YOU THERE TRADERS : t.me/Snipers_F_x
Chart PatternsSupport and ResistanceTrend Analysis

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