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 now sitting around a strong support zone previously acting as a resistance!
So, for now we will be looking of new buy setups as we are around a strong support zone.
Moreover, price is still overall bearish trading inside this channel from a short-term perspective and for the bulls to kick in we need a new swing high to be formed around the falling trendline then a break.
Until that price is still bearish, and price can still trade more lower 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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.