Panjang
Matic Trade Setup - Bullish Formation Ready To Breakout?
Hello traders, here is a trade setup for MATICUSD.
Matic is looking Bullish and may be setting up for a breakout and continuation to the target levels.
- Price has been trading in a Bullish consolidation formation
- Price has traded between the parallel channel and recently has been trending near the top.
** Be prepared for a breakout**
- Ideally you should wait for a breakout and retest of the prior high before you enter the trade.
- Aggressive traders can enter now if they are willing to take the risks.
** Tomorrow the CPI data will be released. If the news is positive Matic will most likely breakout and rally so keep a close eye on price action tomorrow. **
Thanks everyone and best of luck trading!
Matic is looking Bullish and may be setting up for a breakout and continuation to the target levels.
- Price has been trading in a Bullish consolidation formation
- Price has traded between the parallel channel and recently has been trending near the top.
** Be prepared for a breakout**
- Ideally you should wait for a breakout and retest of the prior high before you enter the trade.
- Aggressive traders can enter now if they are willing to take the risks.
** Tomorrow the CPI data will be released. If the news is positive Matic will most likely breakout and rally so keep a close eye on price action tomorrow. **
Thanks everyone and best of luck trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.