MATICUSD Bearish Structure Again

14 Feb 2023

MATIC Bulls do not want to see this H&S at a Double Top Fail out of the Bearish up channel.

17 Feb 2023

Nota

The structure never broke trade never triggered still bearish looking.

21 Feb 2023

Nota

While the initial short setup to did not trigger, choosing to take out stops above attracting bull suckers only to dump it on them too, the short setup is still there on a break of structure.

25 Feb 2023

Nota

Matic is about to Trigger a short.

1 Mac 2023

Nota

Short Triggered as expected.


Now apply proper risk management

1 Mac 2023

Nota

A right should could form here. Still bearish.

3 Mac 2023

Nota

KABOOM!

4 Mac 2023

Nota

Matic New Lows as expected.

7 Mac 2023

Nota

A better-defined right shoulder would not be unreasonable.

26 Mac 2023

Nota

Matic has now formed a more solid right shoulder.

7 Mei 2023

Nota

Matic has had no correction since my short call. In fact, it is even lower.
Bad JUJU!

8 Mei 2023

Nota

MATIC new lows.

9 Mei 2023

Nota

New lows!

10 Mei 2023

Nota

New lows again.

17 Mei 2023

Nota

Matic is forming a small bear flag

18 Mei 2023

Nota

Matic nose diving as expected.

8 Jun 2023

Nota

After posting the bearish flag MATIC did collapse as expected. Now trading 0.78 as the carnage continues.

24 Jun 2023

Nota

Yet another bearish setup in MATIC. Wait for a trigger.

26 Jun 2023

Nota

As expected MATIC is now at a key area

29 Jun 2023

Nota

BINGO!

Another Great Call! ;)