MATIC - Ranges overview (update)
Here is a quick look at the current pa on MATIC.
As we noted last time, IF we fail to break and hold above 0.75$ expect us to trade back towards the sellside liquidity resting around 0.5835$
We got the bearish move so let's see where the market wants to go from here.
IF we fail to reclaim the highs expect further pa to the downside.
IF we reclaim and hold expect us to head towards 1.1710$
Be PATIENT and let the MARKET COME TO YOU
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
As we noted last time, IF we fail to break and hold above 0.75$ expect us to trade back towards the sellside liquidity resting around 0.5835$
We got the bearish move so let's see where the market wants to go from here.
IF we fail to reclaim the highs expect further pa to the downside.
IF we reclaim and hold expect us to head towards 1.1710$
Be PATIENT and let the MARKET COME TO YOU
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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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.
Related publications
Disclaimer
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.