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$MATIC correction

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Big correction for MATIC. If you zoom out on the weekly you'll see it peaked out at 1.56 The pattern you see is a megaphone and PA is on the top end. I do believe it does at least 50% fib retracement. But could go as low as 1.05. A move there will either cause PA to bounce off the 200EMA or it falls all the way back to .80

We could also see a potential H/S forming w the L shoulder and Head already there

Time will tell.

NFA / DYOR

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