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Matic Short with Targerts, Plus Bonus Target!

305
Price action and indicators:
  • $BINGX:MATICUSDT is at the top of its macro ascending wedge ๐Ÿป
  • Swing failure pattern at key resistance level ๐Ÿป
  • Divergence for Many Indicators confirmed bearish divergence on the HIST and MOM ๐Ÿป
  • Stochs are frying ๐Ÿป
  • PMARP overheated, not where smart money is accumulating ๐Ÿป

    Risk management and targets:
  • Matic must close above 2.78 to flip direction, stops above โŒ
  • Targets are the white lines below ๐ŸŽฏ
  • Bonus measured move target if price breaks down from its macro ascending wedge ๐ŸŽฏ
Nota
Accidentally tagged it as long, but obviously meant short, as I clearly marked my three short targets.
Nota
All of my targets were hit.

Penafian

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