Matic has been in a steady uptrend and we've seen a correction leading to the 61.8 fib and ascending trendline twice before. We are now seeing the same setup for a third time!
Trade idea:
- Watch for bounce off the trendline and 61.8 fibonacci
- enter with stops below the trendline
- Target the -0.27 fibonacci
See below for our last 2 Matic analysis:
Trade idea:
- Watch for bounce off the trendline and 61.8 fibonacci
- enter with stops below the trendline
- Target the -0.27 fibonacci
See below for our last 2 Matic analysis:
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