Upside Breakout: If the price breaks above the upper red trend line with confirmation, it suggests a bullish breakout. Downside Breakout: If the price breaks below the lower green trend line with confirmation, it suggests a bearish breakout. Entry: Upside Breakout: Consider a long position with confirmation above the upper red trend line. Look for a move toward...
Corrective waves are almost finished. We could see impulsive waves starting soon.
As shown USDTRY is correcting & could touch 38-50% FIBO levels of the last motive wave.
USDTRY has two potential movements from this point as illustrated.