Dear Trader,
I trust you're doing alright.
MATICUSD has broken out of the rectangle range. The current bias is bearish as the most recent price action is a break below the resistance level. We thus expect the price to continue downwards.
On the other hand, if the price should trade above the trendline resistance and break the current static resistance level, this would change our bias to bullish.
Dear trader, what is your thought on MATICUSD?
Kindly like and comment below.
I trust you're doing alright.
MATICUSD has broken out of the rectangle range. The current bias is bearish as the most recent price action is a break below the resistance level. We thus expect the price to continue downwards.
On the other hand, if the price should trade above the trendline resistance and break the current static resistance level, this would change our bias to bullish.
Dear trader, what is your thought on MATICUSD?
Kindly like and comment below.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.