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MATIC needs a small correction

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As you see the chart above, I think MATIC is within wave 5 of an impulsive wave.
Therefore it should form a correction (usually twice the wave 2 or wave 4).
Also in RSI indicator, it's getting ready for a divergence and in the result a correction in the chart.
So be ready!
AliBahaari
correctionElliott WaveimpulseTechnical IndicatorsmaticRelative Strength Index (RSI)Trend AnalysisWave Analysiswaves

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correctionElliott WaveimpulseTechnical IndicatorsmaticRelative Strength Index (RSI)Trend AnalysisWave Analysiswaves
AliBahaari

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.