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MATIC APPROACHING A STRONG ZONE!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON MATIC,
As we can see price is still overall bearish trading inside this channel making clean new lows and lower highs as well.
However, price now in a correction movement trading inside this rising channel,
Meanwhile, price also is testing a resistance zone lining up with the falling trendline,
And for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected.
Until that price can still dive more higher before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON MATIC,
As we can see price is still overall bearish trading inside this channel making clean new lows and lower highs as well.
However, price now in a correction movement trading inside this rising channel,
Meanwhile, price also is testing a resistance zone lining up with the falling trendline,
And for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected.
Until that price can still dive more higher before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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