Worth paying attention to the flow of funds:
The $LYN 4-hour RSI is 84.3, which is overbought.
When the indicator reaches this level, it shows that buying pressure has been intense recently. At this point, it’s more useful to watch whether large investors are taking profits in stages amid the excitement than to focus only on the indicator.
What will you do if it reverses from here?
The $LYN 4-hour RSI is 84.3, which is overbought.
When the indicator reaches this level, it shows that buying pressure has been intense recently. At this point, it’s more useful to watch whether large investors are taking profits in stages amid the excitement than to focus only on the indicator.
What will you do if it reverses from here?
