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EURTRY Trading Plan

Short
FX_IDC:EURTRY   Euro / Turkish Lira
Pattern: Channel Down on 1D within a long term (1.5 years) Channel Up.

Signal: Bearish as long as the price is trading (even if it breaks and later comes back in) within the Channel Down (dashed lines). No trade within the Red Triangle Zone. Bullish if the Higher High trend-line of the Channel Up breaks.

Target: The 1D MA200.


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