$MATIC/USDT 2h (BinanceFutures) W-shaped recovery break & retest
Polygon is retesting previous demand zone, a bounce back on 100EMA is likely.
Current Price= 2.1695
Buy Entry= 2.1705 - 2.0777
Take Profit= 2.4625 | 2.8493 | 3.1990
Stop Loss= 1.8978
Risk/Reward= 1:1.5 | 1:3.07 | 1:4.75
Expected Profit= +31.86% | +65.46% | +101.20%
Possible Loss= -21.30%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
polygon.technology/
Current Price= 2.1695
Buy Entry= 2.1705 - 2.0777
Take Profit= 2.4625 | 2.8493 | 3.1990
Stop Loss= 1.8978
Risk/Reward= 1:1.5 | 1:3.07 | 1:4.75
Expected Profit= +31.86% | +65.46% | +101.20%
Possible Loss= -21.30%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
polygon.technology/
Trade active:
All entries filled
Polygon is accumulating inside the demand zone, preparing for next move up let's hope!
Polygon is accumulating inside the demand zone, preparing for next move up let's hope!
Trade closed: stop reached:
SL hit with -21.30% (2x) and -1R
#Polygon lost support after all and retraced down further.
#Polygon lost support after all and retraced down further.
