MATICUSDT
1H trend chart
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After an amazing soar before(H&S pattern worked, refer to our last analysis)
MATIC is correcting and forming a descending wedge pattern in 1H chart.(we modify it from C&H pattern from last post)
Now it broke out this upper downtrend line, if price can stand firm, our trading strategy as below
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Profit Targets:
a) 1.6433----Fib(1)
a) 1.7544~1.7993----Fib(1.272~1.382)
b) 1.8957----Fib(1.618)
Stop losses:
a) 1.4619----Red horizontal ray
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