Polygon (POL): Reaching Re-Test Area | Looking For Sharp Move

5 may

Polygon coin (previously MATIC) might be in some trouble, where we are seeing high chances of volatile movement to come in the next days. While price is seeing a decline and approaching the retest zone, we are looking for a possible downward movement from here.

Seeing historically how CME gaps have been ignored on the POL coin, we might ignore the most recent one as well so let's wait for a sell entry and we are going into short here.

But if we see that buyers overtake the retest zone, we are going to wait for a proper break of structure at our buy entry area.

Swallow Academy

27 jun

Operación cerrada manualmente

There was some potential, but we failed to form BOS after the re-test so we did not take any trade here.