(MATIC) Short setup I will be keeping an eye on.

Details below but I will be keeping an eye on this opportunity. I doubt I will do TP3 myself but if you are greedy it's an option. Also, I was unsure on the stop loss on this. Basically you can set it just outside the resistance zone or you can move it up higher to the previous week value area high. I think i prefer the smaller stop loss.

Asset:MATIC
Trade Type:Short

Evidence:
1. Naked Previous Week Point of Control
2. Daily Resistance
3. 236 retrace
4. Cur Month Point of Control
5. Weekly Pivot R1

Entry: 1.2217
Stop Loss 1.2701*

TP1 1.1369
TP2: 1.094
TP3: None or 0.9266

Stop loss could be moved up to 1.3551 and still be a good R:R.