MATIC Strong Castle 🏰 Analysis #17/50

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on DAILY: Left Chart
As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups.

on H4: Right Chart
MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet.

🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.

Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

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