$LYN Short setup: the new high got rejected, the inducement below is the target
The pullback inside it was about 24% of the leg and left 0.01856 as the inducement low. It poked above 0.02042 by just 5.8% and rolled over. 0.01856 is still sitting there as the draw. Stop 0.02273, target 0.01856. Risking 6.51% for roughly 2 times that. One setup, not a promise.
Short
Entry 0.02134 | Stop 0.02273 | Take profit 0.01856
DYOR.
#LYN #CryptoTrading #CryptoSignals
The pullback inside it was about 24% of the leg and left 0.01856 as the inducement low. It poked above 0.02042 by just 5.8% and rolled over. 0.01856 is still sitting there as the draw. Stop 0.02273, target 0.01856. Risking 6.51% for roughly 2 times that. One setup, not a promise.
Short
Entry 0.02134 | Stop 0.02273 | Take profit 0.01856
DYOR.
#LYN #CryptoTrading #CryptoSignals
