Long

Bullish on Matic Swing Long

Updated
I am too Buliish on this having alot in spot bags avg buy around 0.68

Longed it here with tight sl from 0.7980.
Stoploss at 7850.
Possibly it can hold here if hold here means reclaimed the trendline and this can Quick sent to 1.2 initially.
The real bull run on this will begin after 1.
HTF currently looks too Bullish.

Note: Not a Financial Advice.
Trade active
Note
Taking bid on this here is pretty good because of the solid RR it have from here.

Why i am taking this?
Looking at the daily the trendline currently it's on is tested few times before.
Recent test broke it and it deviated back means it's now a support again.
Holding it here can send it surely.
On the upside if this launch from this trendline is the major trendline which rejected the price previously but this time this one is not going to hold.

snapshot
Note: Not a Financial Advice.
Trade closed: stop reached
Took some losses this weekend on few trades.
Weekends should not be traded
Chart PatternsMATICUSDTmaticusdtlongMATICUSDTPERPTrend AnalysisWave Analysis

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