MATIC - 4H Chart Analysis - Trading Inside the channel
#MATIC/USDT #Analysis
Description
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+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
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VectorAlgo Trade Details
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Entry Price: 0.4240
Stop Loss: 0.3851
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Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
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Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.4240
Stop Loss: 0.3851
------------------------------
Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
------------------------------
Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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