Priceline of MATIC NETWORK / TetherUS is likely to start the formation of bearish gartley pattern soon insha Allah. Within the potential reversal zone the price action has hit the 200 simple moving average support and likely to fail in breakdown this support. 50 SMA is moving up to form a golden cross with 200 MA. I have defined the targets using Fibonacci sequence as per gartley pattern:
Buy between: 0.01618 to 0.01285
Sell between: 0.01737 to 0.01884
Regards, Atif Akbar (moon333)
Trade closed: target reached
Note
By the grace of Allah the most high this trade gave more than 30% profit
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.