MATIC - Watch This Zone 🚀
Matic is approaching the third touch on the descending trendline support. We also have divergence in play there, indicating there's a bounce coming.
To be on the safe side, we can wait for for a bounce and lower timeframe correction before entering.
Trade Idea:
- Watch for bounce off the trendline
- Enter with stops below the lows
- Targets: 2, 2.9, actively manage the rest
Goodluck and as always, trade safe!
To be on the safe side, we can wait for for a bounce and lower timeframe correction before entering.
Trade Idea:
- Watch for bounce off the trendline
- Enter with stops below the lows
- Targets: 2, 2.9, actively manage the rest
Goodluck and as always, trade safe!
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.