$LYN ⏱️ I think it will make a bullish move.
Because the price is starting to slow down on the 1H timeframe, based on what I've learned about trading.
A slowdown is the step before a reversal.
In this case, the price is falling and starting to lose momentum. A support level is beginning to form, and a bullish move is starting.
Since the EMAs are above the price, they act as dynamic resistance. The idea is to buy at support and sell at resistance.
I hope the trade completes successfully; if not, keep studying. Remember to do your own research (DYOR).
Because the price is starting to slow down on the 1H timeframe, based on what I've learned about trading.
A slowdown is the step before a reversal.
In this case, the price is falling and starting to lose momentum. A support level is beginning to form, and a bullish move is starting.
Since the EMAs are above the price, they act as dynamic resistance. The idea is to buy at support and sell at resistance.
I hope the trade completes successfully; if not, keep studying. Remember to do your own research (DYOR).