Folks,
here is a view for Polygon.. We are hitting resistance in a trading range.. 80% of those attempts to breakout fail.
We have had a 2 legged bull run in the trading range..
We have had a bear breakout a pullback around 50% in my opinion we will go lower. At least after such a strong bear breakout most of the times we will see a 2nd leg down to find support around $1.5/$1.51.
Feel free to comment, share and follow for more to come..
here is a view for Polygon.. We are hitting resistance in a trading range.. 80% of those attempts to breakout fail.
We have had a 2 legged bull run in the trading range..
We have had a bear breakout a pullback around 50% in my opinion we will go lower. At least after such a strong bear breakout most of the times we will see a 2nd leg down to find support around $1.5/$1.51.
Feel free to comment, share and follow for more to come..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.