MATIC (1D) - LONG | Falling Wedge
$MATIC (Polygon)
Inside a falling wedge, based on EWT and FIB levels.
If we loose the 0.5 FIB level ($1.065) we can expact one more drop to the 0.618 FIB ($0.0936) we find a huge demand zone.
From there, we're heading back up to the beginning of our falling wedge at $1.75-$1.85.
Based on EWT and FIB levels we can trade the support and resistance zone's along the way.
Inside a falling wedge, based on EWT and FIB levels.
If we loose the 0.5 FIB level ($1.065) we can expact one more drop to the 0.618 FIB ($0.0936) we find a huge demand zone.
From there, we're heading back up to the beginning of our falling wedge at $1.75-$1.85.
Based on EWT and FIB levels we can trade the support and resistance zone's along the way.
Trade closed manually