MATIC, beautiful triangle pattern
As it can be clearly inferred from the chart, the price has formed a triangle pattern. If it manages to close above the upper boundary of the triangle, we will be going long. On the contrary, if the price closes below the lower boundary, we will be going short and aiming for the area plotted out on the graph.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.