Long
MATIC WHAT'S NEXT! 2 POSSIBLE SCENARIOS
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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.
QUICK UPDATE ON MATIC,
As we can see price is still overall bullish.
However, price is still around the lower rising trendline and around a strong support zone, where we will be looking for new longs
And for the bulls to kick in we need a break above the marked major swing high then a further bullish movement would be expected
Unless price managed to invalidate our rising trendline and managed to break below our support zone
then a further movement lower would be expected till the next SUPPORT zone, where we will be looking again for new longs
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!
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON MATIC,
As we can see price is still overall bullish.
However, price is still around the lower rising trendline and around a strong support zone, where we will be looking for new longs
And for the bulls to kick in we need a break above the marked major swing high then a further bullish movement would be expected
Unless price managed to invalidate our rising trendline and managed to break below our support zone
then a further movement lower would be expected till the next SUPPORT zone, where we will be looking again for new longs
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
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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