Opened a short on MATIC looking for a run of the lows sitting at 0.50$ and 0.4325$.
Clear invalidation IF we hold above 0.5815$. IF we confirm the deviation you can look to add shorts below 0.5425$.
IF we start pushing higher and hold above 0.5815$ I will look to reduce my position. Let's see what pa gives us in the coming hours and days.
Entry market
TP 0.50$
TP 0.4325$
SL above 0.5950$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Clear invalidation IF we hold above 0.5815$. IF we confirm the deviation you can look to add shorts below 0.5425$.
IF we start pushing higher and hold above 0.5815$ I will look to reduce my position. Let's see what pa gives us in the coming hours and days.
Entry market
TP 0.50$
TP 0.4325$
SL above 0.5950$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
