MATIC short - swing trade (update)

Oct 9, 2023

MATIC going nicely so far. Taken some off to have some extra capital to add to possible more shorts lower - IF we confirm.

Stops at breakeven so let's see where we play from here.
Plan remains the same for now until proven otherwise.

Looking for a run of the lows sitting at 0.50$ and 0.4325$.

Clear invalidation IF we hold above 0.5815$. IF we confirm the deviation you can look to add shorts below 0.5425$.

Entry market
TP 0.50$
TP 0.4325$

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.