Long

MATIC SITTING AROUND A STRONG ZONE!

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.

QUICK UPDATE ON MATIC,

As we can see price is still overall bullish from a long-term perspective,

Price is clearly making higher highs and higher lows.

However, price is sitting around a strong support and rising trendline which engulfs the overall movement.

Meanwhile we will be looking for new bullish movement, and for the bulls to kick in we need a break above the marked major swing high,

Then a further movement higher would be expected.


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!
Chart PatternsSupport and ResistanceTrend Analysis

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