With the occupancy of the existing frequency spectrum the demands of the skyrocketing data traffic paved the path for 5G millimeter Wave (mmWave) technology. The wide frequency spectrum and high directivity can elevate the mean data rate. This performance gain comes at the cost of a higher pathloss which limits the use of mmWave technology to small cells. Also at such high frequencies the multipath components and blockages appear as persistent barriers leading to alteration of antenna polarization, affecting resource scheduler performance and throughput degradation. The impact of these barriers for high velocity user equipments (UEs) in mmWave network is still left to be studied. Using closed loop spatial multiplexing transmission scheme this study analyses the effect of receiver antenna polarization and types of resource scheduler used in base station on the downlink performance of mobile users (0-120kmph) in the mmWave small cell network. Thorough investigation has been conducted to infer which antenna combination should be advantageous under different scheduling algorithms for high mobility UEs. Our results indicate that the scheduler performance is complimented by the receiver antenna polarization, and by appropriate selection a better downlink performance can be sustained. Also reception under linear polarization performs better over circular polarization for high velocity UEs.