Long
MATICUSDT | Wave Projection| Bullish Divergence for rebound?
Price action and chart pattern trading setup
> Major formation: Ending diagonal with bullish flag reversal pattern, expecting a rebound for minor WAVE 4
> Targeting 0.382 retracement of previous WAVE 3
> Entry @ bullish flag breakout
> Stoploss @ flag support position
> RRR 3:1
Indicator:
RSI bullish divergence
Always trade with affordable risk and respect your stoploss
> Major formation: Ending diagonal with bullish flag reversal pattern, expecting a rebound for minor WAVE 4
> Targeting 0.382 retracement of previous WAVE 3
> Entry @ bullish flag breakout
> Stoploss @ flag support position
> RRR 3:1
Indicator:
RSI bullish divergence
Always trade with affordable risk and respect your stoploss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.