Hello TradingView family / fellow traders. This is Richard, aka TheSignalyst.
According to my recent analysis (attached in the chart), we have been waiting for MATIC to get close to the 0.7 blue support to look for buy setups.
Matic refused to help, It traded higher and is now approaching the green resistance around 1.3
In order for the bulls to maintain control, And to grab the longer term, we need a strong breakout above 1.4
Meanwhile, we rising trade inside orange channel.
unlessBears kick, which will be confirmed by a crash orange Channel and another big low of H4, then one bearish expected correction.
Always follow your trading plan regarding entry, risk management and trade management.
good luck!
All strategies are good. If managed properly!
~ rich