Long
MATIC - Wait For The Trigger!
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MATIC is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes.
on Daily: MATIC formed a valid wedge pattern in red, but it is not ready to go yet.
Before we buy, we want the bulls to take over.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, MATIC can still trade lower to form a new low before trading higher. (projection in purple)
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MATIC is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes.
on Daily: MATIC formed a valid wedge pattern in red, but it is not ready to go yet.
Before we buy, we want the bulls to take over.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, MATIC can still trade lower to form a new low before trading higher. (projection in purple)
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
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kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.