If you look at Matic for the last few days on the 16th of October, the 18th of October and now again the 21st of October we see a Kijun Bounce trade.
Each time we have seen this result in a 5% move and currently this one has momentum and volume behind it. If you check the 4hr using Multiple Time Frame Analysis you will see it has already started to make a move.
I would set targets at:
1. 181 2. 188 3. 210 - 1-2 weeks
Stop loss: 169 keeping it tight or if you want to play it a little loose stop just below the Kijun at 164.
This trade still has a daily Edge to Edge possibility and recently had a Bullish Kumo Twist.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.