Short
MATIC AROUND A STRONG RESISTANCE ZONE
Aggiornato
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
MATIC, What's next!
As we ca see price is still overall bullish trading inside this channel making clean higher highs and higher lows
However, Price is now around a strong resistance zone, where we are speculating a bearish reversal.
For the bears to kick in we need a break below the last major swing low marked
Then a further movement lower would be expected till the lower rising trendline from higher time frame
Until that happens, we are still bullish, and price can still trade higher and higher
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
MATIC, What's next!
As we ca see price is still overall bullish trading inside this channel making clean higher highs and higher lows
However, Price is now around a strong resistance zone, where we are speculating a bearish reversal.
For the bears to kick in we need a break below the last major swing low marked
Then a further movement lower would be expected till the lower rising trendline from higher time frame
Until that happens, we are still bullish, and price can still trade higher and higher
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Nota
Telegram channel: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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