Short
SHORT MATIC USDT | Elliott Correction Wave
Short MATIC USDT
As you see we could enter in the third wave of the Elliott Corrective Pattern.
It is often see as a bull trap as people thinks the bull trend is still healthy. However, the price could fall if the price is following the Elliott Wave Pattern.
Entry Price: 2.544
✔️ Target Profit: 2.265
❌ Stop Loss: 2.637
Potential Profit: 11%
Ratio Risk / Reward: 3
You may enter this position as a margin position for increasing the profit as the Ratio Risk / Reward is low. That's up to you.
I am also curious to earing your opinion too.
Should you feel that analysis helps you, feel free to leave a like, and I wish you a good day!
As you see we could enter in the third wave of the Elliott Corrective Pattern.
It is often see as a bull trap as people thinks the bull trend is still healthy. However, the price could fall if the price is following the Elliott Wave Pattern.
Entry Price: 2.544
✔️ Target Profit: 2.265
❌ Stop Loss: 2.637
Potential Profit: 11%
Ratio Risk / Reward: 3
You may enter this position as a margin position for increasing the profit as the Ratio Risk / Reward is low. That's up to you.
I am also curious to earing your opinion too.
Should you feel that analysis helps you, feel free to leave a like, and I wish you a good day!
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