Matic Wave 3 Topped-out as warned in previous post
When Matic broke our 2.60 but was not able to close a full candle above(bears brought it down again back inside conso box the next day), I warned that the highest Matic could reach is 3.0 coz the peak is near.
Unfortunately it did not. Bulls brought it up for only 2 days & then they lost to bears completely.
We may expect a ABC complex wave 4 correction with a lot of volatility.
Buying at the bottom of wave 4 would be incredible & the reward is the WAVE 5.
1.75 could be a strong support for wave 4.
Pls make your own analysis. This is not financial advice.
Unfortunately it did not. Bulls brought it up for only 2 days & then they lost to bears completely.
We may expect a ABC complex wave 4 correction with a lot of volatility.
Buying at the bottom of wave 4 would be incredible & the reward is the WAVE 5.
1.75 could be a strong support for wave 4.
Pls make your own analysis. This is not financial advice.