MATIC | RIGHT SHOULDER ?
MATIC Network / TetherUS BINANCE:MATICUSDT
Bias : LONG
Rationale:
Price action is moving in Head & Shoulder Pattern with the first pattern completed and after that it started formation of another Head & Shoulder Pattern (a smaller one). In the second H&S , Right shoulder seems to be in the making so idea is to take long position with SL placed below the support level . Target is set at the top of right shoulder which happens to be resistance level as well.
