LYL Technical Analysis; critical levels to watch
The drop from 5.60 and 5.35 has found support at 4.46, forming a price channel in the H4 chart. 4.80 is the estimated level to watch. Price could head back up if it holds above 4.80. A drop below 4.46 could retest 4.12 and 3.78, as indicated in the previous price action.
The drop from 5.60 and 5.35 has found support at 4.46, forming a price channel in the H4 chart. 4.80 is the estimated level to watch. Price could head back up if it holds above 4.80. A drop below 4.46 could retest 4.12 and 3.78, as indicated in the previous price action.