Matic may well have completed a 5-wave impulse move. It is currently at a resistance and logical wave end point. It is possible to still be in wave III, with IV and V to come.
343-349 is an important fib confluence and possible end of wave. 382-385 would be next strong resistance in case of another push. 282-286 currently looks to be idea re-entry zone if retrace starts.
Previous MATIC analysis: (Breakout Entry plotted) (Re-entry zones plotted) .
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Starting to wonder if the correction is done, like this The blue fib of drop looks great, and the ratios point to a possible ABC completion. Watching closely
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Since last update above, the correction plotted above proved invalid, and played out more like my original plot it is now quite probable the "requisite" correction is done, but maybe not the "desired" amount by market sentiment. Watching closely here.