MATIC TRADE
Looking for a short term trade here but considering a squeeze play soon as well.
The recent retracement on BTC has seen a few alt coins drop back to trend at good buy points to continue the trend.
Taking a position on Matic now as it offers a descent risk to reward even to previous resistance, and trending a break in trend as invalidation to get out of the trade.
Will consider partial take profit at resistance but looking to hold a position incase we have a squeeze and break the resistance for a much higher RR
The recent retracement on BTC has seen a few alt coins drop back to trend at good buy points to continue the trend.
Taking a position on Matic now as it offers a descent risk to reward even to previous resistance, and trending a break in trend as invalidation to get out of the trade.
Will consider partial take profit at resistance but looking to hold a position incase we have a squeeze and break the resistance for a much higher RR
إخلاء المسؤولية
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.