Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON MATIC,
As we can see price is still overall bearish trading inside this channel making clean new lows and lower highs as well.
However, price now in a correction movement trading inside this rising channel,
Meanwhile, price also is testing a resistance zone lining up with the falling trendline,
And for the bears to kick in we need a new swing low to be formed around the rising trendline then a break, then a further bearish movement would be expected.
Until that price is still overall bullish from a medium term.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.