Short
MATIC short - swing trade
Entered a short on MATIC looking for 0.3200$ with some of the profits taken from the APE short.
Invalidation is clear and we are expecting BTC to weaken and drop soon - hence the rest of the market should follow accordingly.
Plan is clear and we should have a strong push down in my opinion. We have failed to create new highs and price has been consolidating and trapping the bulls.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Invalidation is clear and we are expecting BTC to weaken and drop soon - hence the rest of the market should follow accordingly.
Plan is clear and we should have a strong push down in my opinion. We have failed to create new highs and price has been consolidating and trapping the bulls.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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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.
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.