MATICUSDT 20022023 Short Idea
Updated
On Hourly chart, MATIC has been trying hard to break and sustained above 1.5500, however it has failed thrice. Further on hourly timeframes MATIC is failing to break previous HH and making Higher lows. 1.4700-1.4800 has becoming important support Zone. Looking at the indicators, candles pattern and chart formation a short position can be taken as per below setup.
MATICUSDT
Entry: 1.4781
SL: 1.5417
TP: 1.3827
RRR: 1.56
MATICUSDT
Entry: 1.4781
SL: 1.5417
TP: 1.3827
RRR: 1.56
Trade closed: target reached
TP Hit
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