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Short

MATIC Head And Shoulders

By steadyprinting
Updated
It's forming head and shoulders not sure if right shoulder is done forming yet but PT is 1.89
Note
Right shouler already finished prior to this it was in a scallop like called for prior. Bad move on my part.
Trade active
It popped to 2.24 because of an ascending triangle there but dropped afterwards to continue downwards. New pt is 1.95 for safe measures.
Note
Set my stop loss for 2.14 in case of bounce of trend line forgot to mention
Trade active
Closing short position at 2.02-2.00 As buyers will step in then.
Bearish PatternsChart PatternsFundamental AnalysisMATICUSDTmaticusdtideamaticusdtshortTrend Analysis
steadyprinting

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