MATICUSD Bearish Structure Again

14 feb 2023

MATIC Bulls do not want to see this H&S at a Double Top Fail out of the Bearish up channel.

17 feb 2023

Nota

The structure never broke trade never triggered still bearish looking.

21 feb 2023

Nota

While the initial short setup to did not trigger, choosing to take out stops above attracting bull suckers only to dump it on them too, the short setup is still there on a break of structure.

25 feb 2023

Nota

Matic is about to Trigger a short.

1 mar 2023

Nota

Short Triggered as expected.


Now apply proper risk management

1 mar 2023

Nota

A right should could form here. Still bearish.

3 mar 2023

Nota

KABOOM!

4 mar 2023

Nota

Matic New Lows as expected.

7 mar 2023

Nota

A better-defined right shoulder would not be unreasonable.

26 mar 2023

Nota

Matic has now formed a more solid right shoulder.

7 mag 2023

Nota

Matic has had no correction since my short call. In fact, it is even lower.
Bad JUJU!

8 mag 2023

Nota

MATIC new lows.

9 mag 2023

Nota

New lows!

10 mag 2023

Nota

New lows again.

17 mag 2023

Nota

Matic is forming a small bear flag

18 mag 2023

Nota

Matic nose diving as expected.

8 giu 2023

Nota

After posting the bearish flag MATIC did collapse as expected. Now trading 0.78 as the carnage continues.

24 giu 2023

Nota

Yet another bearish setup in MATIC. Wait for a trigger.

26 giu 2023

Nota

As expected MATIC is now at a key area

29 giu 2023

Nota

BINGO!

Another Great Call! ;)