Polygon (POL): Reaching Re-Test Area | Looking For Sharp Move
Polygon coin (previously MATIC) might be in some trouble, where we are seeing high chances of volatile movement to come in the next days. While price is seeing a decline and approaching the retest zone, we are looking for a possible downward movement from here.
Seeing historically how CME gaps have been ignored on the POL coin, we might ignore the most recent one as well so let's wait for a sell entry and we are going into short here.
But if we see that buyers overtake the retest zone, we are going to wait for a proper break of structure at our buy entry area.
Swallow Academy
Seeing historically how CME gaps have been ignored on the POL coin, we might ignore the most recent one as well so let's wait for a sell entry and we are going into short here.
But if we see that buyers overtake the retest zone, we are going to wait for a proper break of structure at our buy entry area.
Swallow Academy
Trade closed manually
There was some potential, but we failed to form BOS after the re-test so we did not take any trade here.
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Keep an eye on us and you will not regret it. 😉
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.