$MATIC
Retraced to the 0.618 and bounced hard; coming up on some resistance at R1.
Personally I would be taking most of my profit there, maybe R2 if we get a wick.
If we manage to close back above R1, I would consider that very bullish. Until then, bounces are for selling.
Retraced to the 0.618 and bounced hard; coming up on some resistance at R1.
Personally I would be taking most of my profit there, maybe R2 if we get a wick.
If we manage to close back above R1, I would consider that very bullish. Until then, bounces are for selling.