TRYUSD (Reverse of USDTRY)
Starting from 2014 :
There have been 3 similar cycles.
All cycles starts with a reverse cup&handle and
ends with a sharp fall from the support line that is the bottom of that reverse cup & handle.
We are in the 4th cycle now and if it continues like that my prediction is :
On January 1st : 1USD = 11 TRY
Starting from 2014 :
There have been 3 similar cycles.
All cycles starts with a reverse cup&handle and
ends with a sharp fall from the support line that is the bottom of that reverse cup & handle.
We are in the 4th cycle now and if it continues like that my prediction is :
On January 1st : 1USD = 11 TRY