āđāļāļīāđāļĄāļāļķāđāļ
MATIC Descending TRIANGLE ðððððð
āļāļĩāđāļāļąāļāđāļāļ:
Hi dear traders
The price has formed a descending triangle.
After the climb, we see a deep correction.
I expect the price to reach the support area and then rise to the specified targets.
EMA20 plays the role of resistance.
Wait for confirmation to entery.
ðŊ0.9774
ðŊ1.0562
ðŊ1.1483
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The price has formed a descending triangle.
After the climb, we see a deep correction.
I expect the price to reach the support area and then rise to the specified targets.
EMA20 plays the role of resistance.
Wait for confirmation to entery.
ðŊ0.9774
ðŊ1.0562
ðŊ1.1483
Let's see what happens
This is not financial advice ( DYOR )
Good luck
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļąāļāļāļķāļ
In LTF we can see bullish divergence. Price need to hold above 0.8 support area.
In 4H we can see hammer candel, l expect price bounced to near EMA20 20 ( 0.854 ).
This analysis still valid
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