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CryptoMaestro
Oct 18, 2018 3:55 PM

$POLY Mid-term position Long

Description

POLY's attempt to breakout from accumulation area today is likely to be rejected. However, it might retrace and completed the Inversed Head and Shoulder pattern. First and second target are the yellow box on chart. If it manages to get to the second target, it's a good sign for longer-term perspective and traders might consider to re-enter the trade upon retracement.

Comment

POLY managed to push through the resistance today without retracement which is extremely bullish. Possible entry would be the latest S/R flip.
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