edgematic10

MATICUSDT head & shoulders pattern

Short
BINANCE:MATICUSDT   MATIC Network / TetherUS
Hello, head & shoulders reversal pattern is forming in the MATICUSDT chart. Since the price is going up and it's a reversal pattern there is a possibility of changing the trend to the downside.

MATIC short targets: 1.85, 1.6, 1.35. I'll move my stop loss to the entry point after the price reaches the first target.

Not financial advice.

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.