$LYN is in a very decisive phase...Price is showing bearish candles...but now the price is near the trendline and also near the EMA 50 line...
These two are playing the vital role as a support...
If the price breaks below that trandline or the EMA 50 then bearish run will start...
But if not..then we can see another rejection at the supply zone...
What is more likely to happen?
A retest or a support break?
These two are playing the vital role as a support...
If the price breaks below that trandline or the EMA 50 then bearish run will start...
But if not..then we can see another rejection at the supply zone...
What is more likely to happen?
A retest or a support break?
