AmiranAzaladze

Turkish lira - correction !

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
Turkish lira is near to its end, bow trading at 6.1096. Long term technical analysis shows corrections of this trend to S1 support level 5.9880, next target can be S2 level. This levels are calculating based on long term fibonacci retracement, also confirmation fo our analisys can be pattern wedge with trendlines T1-T2. Crossing of T1 will be a signal to sell USDTRY.

Amiran Azaladze
CEO at Saqs Investment
amiranazaladze@gmail.com
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