$LYN SHORT TRADE SETUP ... Bears Taking Control
Entry: 0.02020 – 0.02050
TP1: 0.01920
TP2: 0.01730
Final Target: 0.01550
SL: 0.02340
LYN losing momentum after rejection from 0.02250 ... Sellers are stepping in again.
As long as 0.02150 – 0.02250 resistance holds, I see a possible correction towards 0.01730 and even 0.01550.
A break below 0.01920 could accelerate the drop.
Use stop loss and manage risk.
Trade on $LYN
Entry: 0.02020 – 0.02050
TP1: 0.01920
TP2: 0.01730
Final Target: 0.01550
SL: 0.02340
LYN losing momentum after rejection from 0.02250 ... Sellers are stepping in again.
As long as 0.02150 – 0.02250 resistance holds, I see a possible correction towards 0.01730 and even 0.01550.
A break below 0.01920 could accelerate the drop.
Use stop loss and manage risk.
Trade on $LYN
