Rather than publishing this I should be working on a trade signal for my people, because this is a really strong pair/chart.
Its been a while since we last looked at Polygon, MATICUSD.
The chart is easy to read.
✔️ Short-term, we have a double bullish divergence, MATICUSD vs RSI & MACD.
✔️ Long-term, we have a very strong higher low forming a big ascending channel.
These two signals put together, the higher low ascending channel with the short-term bullish divergence confirms what happens next.
As the long correction is over, a higher high follows and this can go for 1 to 3 months... That's green, green, green all the way.
Now I have to work on the trade.
Enjoy your week.
Sending you positive vibes.
Thanks a lot for reading and for your continued support.
Namaste.
Its been a while since we last looked at Polygon, MATICUSD.
The chart is easy to read.
✔️ Short-term, we have a double bullish divergence, MATICUSD vs RSI & MACD.
✔️ Long-term, we have a very strong higher low forming a big ascending channel.
These two signals put together, the higher low ascending channel with the short-term bullish divergence confirms what happens next.
As the long correction is over, a higher high follows and this can go for 1 to 3 months... That's green, green, green all the way.
Now I have to work on the trade.
Enjoy your week.
Sending you positive vibes.
Thanks a lot for reading and for your continued support.
Namaste.
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» Join NOW!
👉 lamatrades.com (Since 2017)
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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.