Long
MATIC - 4H Chart Analysis - Trading Inside the channel
#MATIC/USDT #Analysis
Description
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+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
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VectorAlgo Trade Details
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Entry Price: 0.4240
Stop Loss: 0.3851
------------------------------
Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
------------------------------
Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.4240
Stop Loss: 0.3851
------------------------------
Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
------------------------------
Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
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.