POLX is making some really interesting price action.
If you look at the price action in the grey box, they look almost identical. The last time we saw that price action, we broke out around 250%! We could be seeing another breakout like this very soon.
Trade Idea:
- Watch for a break of the descending red trendline
- Enter with stops below the major ascending black trendline
- Target highs as first TP and then manually manage your other position
Keep an eye out for bull flags on lower timeframe for additional entries!
If you look at the price action in the grey box, they look almost identical. The last time we saw that price action, we broke out around 250%! We could be seeing another breakout like this very soon.
Trade Idea:
- Watch for a break of the descending red trendline
- Enter with stops below the major ascending black trendline
- Target highs as first TP and then manually manage your other position
Keep an eye out for bull flags on lower timeframe for additional entries!