Long
MATIC
I expect to see a textbook break-out and retest, excited to see how it works out.
I love this set up because it gives a double confirmation for a long position.
1. Seeing lots of buying pressure on the shorter time frames and expecting a break out of the triangle around 0.413
2. Once the price passes the neckline of the inverse head and shoulders, it's another buying indicator for me at 0.440
TP targets are around the previous ATH. I expect a bounce back from there, creating a resistance, but might just smash through as well.
Let's see! *whip*
I love this set up because it gives a double confirmation for a long position.
1. Seeing lots of buying pressure on the shorter time frames and expecting a break out of the triangle around 0.413
2. Once the price passes the neckline of the inverse head and shoulders, it's another buying indicator for me at 0.440
TP targets are around the previous ATH. I expect a bounce back from there, creating a resistance, but might just smash through as well.
Let's see! *whip*
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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.
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.