$MATIC, Because Everyone is Talking About It

is extremely popular but its PA follows all but that one insane time. My thoughts if trends downwards.

Nota

H/S was the wrong interpretation. Trade still open as structure looks frothy. SL is $1.195. From there I'll react to the $1.25 resistance. Longing the break or shorting the rejection... Let's see what happens.

Nota

This trade is taking much longer than anticipated. However, the market is collapsing under the sell pressure. Trade is still active but my SL is now set just below my entry. That way, if I get stopped out, it will be in profit. Good luck if you're trading this setup as well.

Nota

Trade closed. Profit booked. Hope everyone did well.

readyplayer9

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readyplayer9