Long
MATIC CwP Pattern | Bullish Breakout | 148% Move Expected
MATIC CwP Pattern | Bullish Breakout | 148% Move Expected
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
Trade active
Note
TP1 HitDuration: 15 days, 1 hour, 38 minutes
Note
TP2 Hit
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.
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.