In our last MATIC analysis, we identified that we're in the final wave, which is broken down into 5 waves.
We are currently on the 3rd wave which has 5 subwaves. We're currently in subwave 2 and expecting a breakdown.
Trade Idea:
- Entry on break of correction (red trendline)
- Stops above correction
- Targets: previous lows with room to move lower
See below for our last MATIC analysis
We are currently on the 3rd wave which has 5 subwaves. We're currently in subwave 2 and expecting a breakdown.
Trade Idea:
- Entry on break of correction (red trendline)
- Stops above correction
- Targets: previous lows with room to move lower
See below for our last MATIC analysis
Comment:
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