MATIC - Clean and Clear ❗️

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Hello TradingView Family / Fellow Traders,

On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.

Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.

On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.

📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Penafian

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