Short
MATIC short - swing trade
Opened a short on MATIC looking for a run of the lows sitting at 0.50$ and 0.4325$.
Clear invalidation IF we hold above 0.5815$. IF we confirm the deviation you can look to add shorts below 0.5425$.
IF we start pushing higher and hold above 0.5815$ I will look to reduce my position. Let's see what pa gives us in the coming hours and days.
Entry market
TP 0.50$
TP 0.4325$
SL above 0.5950$
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.
Clear invalidation IF we hold above 0.5815$. IF we confirm the deviation you can look to add shorts below 0.5425$.
IF we start pushing higher and hold above 0.5815$ I will look to reduce my position. Let's see what pa gives us in the coming hours and days.
Entry market
TP 0.50$
TP 0.4325$
SL above 0.5950$
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.
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.
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.