Matic is approaching the third touch on the descending trendline support. We also have divergence in play there, indicating there's a bounce coming.
To be on the safe side, we can wait for for a bounce and lower timeframe correction before entering.
Trade Idea:
- Watch for bounce off the trendline
- Enter with stops below the lows
- Targets: 2, 2.9, actively manage the rest
Goodluck and as always, trade safe!
To be on the safe side, we can wait for for a bounce and lower timeframe correction before entering.
Trade Idea:
- Watch for bounce off the trendline
- Enter with stops below the lows
- Targets: 2, 2.9, actively manage the rest
Goodluck and as always, trade safe!
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