Rather than publishing this I should be working on a trade signal for my people, because this is a really strong pair/chart.
Its been a while since we last looked at Polygon, MATICUSD.
The chart is easy to read.
✔️ Short-term, we have a double bullish divergence, MATICUSD vs RSI & MACD.
✔️ Long-term, we have a very strong higher low forming a big ascending channel.
These two signals put together, the higher low ascending channel with the short-term bullish divergence confirms what happens next.
As the long correction is over, a higher high follows and this can go for 1 to 3 months... That's green, green, green all the way.
Now I have to work on the trade.
Enjoy your week.
Sending you positive vibes.
Thanks a lot for reading and for your continued support.
Namaste.