Sublime_Trading

A Potential Double Top on The TRYJPY?

FX:TRYJPY   Turkish Lira/Japanese Yen
Last post: June 2nd. See chart.

Review: The bears had resumed control of the market from resistance but a break below pivot support was needed.

Update: Price has pulled back to the same key resistance which we want to see hold strong and form a potential double top .

Conclusion: A waiting game now as we let price dictate a clear trend direction. The odds are still very much with the bears.

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

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