". There is a possibility of temporary retracement to the suggested support line (1.348).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. MATICUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Price Action Trading:-
Buy on Breakout of the trendline,
atleast 15min candle should close above 1.3570
STOPLOSS below previous pivot low i.e below 1.2937
Reasons to go long
1. Support Zone
2. 0.5 Fib Lv
3. Double Bottom Pattern