Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups.
on H4: Right Chart
MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet.
๐น Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups.
on H4: Right Chart
MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet.
๐น Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal