Matic to Valhalla today!

Just entered matic short

Its been performing very poorly.

All time frames from weekly to 1hr is bearish and today is monthly close things could get real ugly.

Trade aligns with my trade plan, the odds are in my favor.

See targets on chart. I"ll update in comment if needed.

3-6RR trade

Trade active

Note

Might get a spike up into stop loss area for #matic short.

Usually from my experience if we spike first before the #fomc news we probably gonna dump.

-Monitoring the volatility to determine if I should close and wait until FOMC statement release or hold.

If goes to BE, I'll likely close but be eager to re enter back so as not to lose entry. Its better than risking a quick spike.

Note

If #matic spike down to .5045 before Jerome powell start or finish speaking at fomc meeting am taking 50% profit. Otherwise will try hold full position until .49 TP

Note

Closed 50% matic short

Note

Secured total 75% profit.

Trade closed manually

Full close matic short

Filnft

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Filnft

Also on: