Matic formed a head and shoulder pattern

2022年1月3日

MATIC placed on the support. While it formed a head and shoulder pattern which causes the chart will see lower prices in short term, the chart created higher and higher bottoms in 1D timeframe which means the chart is collecting its power to break its ATH. Then, if the chart breaks its support with a strong candle, I will open a short position for its lower target till the chart shows me some evidence of reverse.

2022年1月7日

交易結束：目標達成

The chart reached to First target.
My personal strategy for this situation is that I guarantee my profit by trailing system and wait until I see evidence of reverse.