AskToRahulSirohi

MATIC - Bearish Signals

Short
#MATIC 4hr. Chart Analysis
As per MATIC movements into Ascending Parallel Channel or into Bearish Flag Pattern, it starts from 10th June. after immidaite DUMP from 78 cent to 50 cent last time, it's well moving as per chart patterns and finally cycle close down at 22-25 july with more Bearish mode, may be last time with 45-50 cents again.

Yesterday, its breakout Ascending parallel channel from the target of 70 cent to 65 cents into Bearish Flag again into 1 hr. cycle and now may be something saame happening with next cycle too.

As well. it displays into #FIBextension marks of Last Lower-Low Traget is 38-42 cents , while Cut-off reversal points are 45-48 cents this time in july.

Always #DYOR & Trade Wisely by using #StopLoss

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