deano23

deano23

Showing a continuation of the down trend after a symmetrical triangle Volume is reducing Likely to be a day for the entry and then a further 3 days for the TP to hit. Monitor the candle sticks and trend to confirm that the resistance line will hold and break

deano23

MATIC has commenced EW and now looking to retrace to 4 prior to moving to 5. Looking for scaled entries around the 0.5 and 0.618 on fibs from the retrace. Looking for a conservative exit point for the first 2 positions and then hope to let the final position ride to see how far it goes and controlled by a stop loss. MATIC has conformed well to EW previously.