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Bear Flag Confirmed on The TRYJPY

Short
Turkish Lira/Japanese Yen (FX:TRYJPY)  
Sublime_Trading  
FX:TRYJPY   Turkish Lira/Japanese Yen
Trend Analysis Support and Resistance Pivot Points TRYJPY fx Forex Technical Analysis trendtrading breakout pullback Bearish Flag
4
0
trendanalysis supportandresistance pivotpoints tryjpy fx forex technicalanalysis trendtrading breakout pullback bearishflag
Last post: May 13th. See chart.

Review: Price had pulled back to and was bouncing off resistance.

Update: We were wanting a breakout in the form of a bear flag. 2 more days of weakness means the bear flag has been confirmed.

Conclusion: A bear trend continuation is now likely offering further shorting opportunities.

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

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