MATIC/USDT - LONG IDEA
MATIC/USDT - LONG IDEA
The Market has moved into the Buy Zone off the Daily Timeframe and forming a nice up channel which acts as Support and Resistance moving towards our Target of 1.822.
A Gartley has just been fulfilled off the 4 hour timeframe which normally could signify the new low price for us buy the market on our way up to our daily target 1.822.
We have found that there's a inner up channel trendline and a outer trendline , the question would be will the Market reverse now or will the market want to test the outer trendline which also acts as a Support Level as well.
Trade :
TP : 1.822
SL : 1.195
The Market has moved into the Buy Zone off the Daily Timeframe and forming a nice up channel which acts as Support and Resistance moving towards our Target of 1.822.
A Gartley has just been fulfilled off the 4 hour timeframe which normally could signify the new low price for us buy the market on our way up to our daily target 1.822.
We have found that there's a inner up channel trendline and a outer trendline , the question would be will the Market reverse now or will the market want to test the outer trendline which also acts as a Support Level as well.
Trade :
TP : 1.822
SL : 1.195
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