MATIC has commenced EW and now looking to retrace to 4 prior to moving to 5. Looking for scaled entries around the 0.5 and 0.618 on fibs from the retrace. Looking for a conservative exit point for the first 2 positions and then hope to let the final position ride to see how far it goes and controlled by a stop loss. MATIC has conformed well to EW previously.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.