MATIC Strong Castle 🏰 Analysis #17/50
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups.
on H4: Right Chart
MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet.
🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups.
on H4: Right Chart
MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet.
🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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