Long

📊#MATIC may continue higher, cautious shorting⚠️

Updated
➡️Remember we shorted MATIC before?

🧠At that time we had locked in major profits after completing a full Elliott Pulse, and our risk-free expectation was that it would continue down to the ideal target zone of the Smiley Face bearish structure. But over time we developed a double top bullish structure at the bottom, so we gave up on the ideal target of the smiley face bearish structure very early.

➡️And in the subsequent development, my conjecture was further confirmed. Then I noticed that we were once again following the Elliott Pulse wave move, and when we were running Wave 3, I started setting up a long trap and was delighted that the market developed as expected, a very beautifully set up. We are currently completing wave 5. It is expected that we will most likely sweep the liquidity pool above and then start to fall back. Whether it can continue to go higher, we still need to continue to observe.👀

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Trade closed: target reached
Trade closed: target reached
📊#MATIC double bottom target has been reached, be careful of pullbacks⚠️
Chart PatternsMATICUSDTPERPTrend AnalysisWave Analysis

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