USDTRY 4H Shark Pattern Bearish Support: 3.69500 - 3.65500 This is not investment advice
Entry at market 3.63 Stop above last consolidation candles Target with fractal and channel RR 1.83 Today's latest violence hasn't hurt it. Turkey is not on Trump's radar either.
My entry price is 3.7150. Stop level is 3.73 & tp1: 3.6750 tp2: 3.6040. Good Luck!
Shorting USDTRY at 3.94 level due to PRZ rejection. Present pattern is ascending triangle.
I m waiting for corrective structure. Pls check graphics at comments below.
Looks as though it will hit all the targets still some downside to it, Trade I made with some followers here, Thought i'd shared it here. :)
its a false breakout... expecting price action to 2.40
Can we expect more decline from this point? I believe so and here is why: Since it reached all time high, USDTRY was unable to continue that trend and started making lower lows if you look at the 1h graph. First real decrease happened in the previous few days and 61.8% retrace was completed with the pair unable to continue higher. RSI bearish, MACD pointing...
$USDTRY may fade here. Although not overbought yet