MATIC Update
1D/4H Charts
Matic has been consolidating between a supply zone located on the 0.786 fib and between the 0.5-0.618 golden fib from the correction wave showing a nice rejection and pin bar candle from the zone on the 4H
Currently looks to be forming a symmetrical triangle on 4H and would expect to see another higher low to form and a breakout to the upside showing continuation of the move.
Im still in this trade having taken partial profits at 4R and becoming risk free whilst making my stop break even. Patience is key and so is following your plan. I expect this to hit my TP still in the coming days and continue on if the market remains bullish.
1D/4H Charts
Matic has been consolidating between a supply zone located on the 0.786 fib and between the 0.5-0.618 golden fib from the correction wave showing a nice rejection and pin bar candle from the zone on the 4H
Currently looks to be forming a symmetrical triangle on 4H and would expect to see another higher low to form and a breakout to the upside showing continuation of the move.
Im still in this trade having taken partial profits at 4R and becoming risk free whilst making my stop break even. Patience is key and so is following your plan. I expect this to hit my TP still in the coming days and continue on if the market remains bullish.
