Matic Dragon
We are below a zone of inflection so it is possible that we drop lower, the best case scenario would be to pump above the zone and backtest it as support. If we lose the current low we could head far lower, so it looks like a great opportunity.
We are below a zone of inflection so it is possible that we drop lower, the best case scenario would be to pump above the zone and backtest it as support. If we lose the current low we could head far lower, so it looks like a great opportunity.
Comment:
Currently breaking below the level, daily close will be important to watch as after breaking up yesterday we do not want it to bearishly engulf today. Could consider exiting the trade early.