Polygon ready for 2nd bear leg to find support
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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