The Turkish Lira (TRY) has been an embattled currency for decades and in its Euro pair (EUR/TRY) it had some relief but it looks like the halt to continued Lira sell-off may be soon over as EUR/TRY looks ready to burst out of its multi-week descending triangle.
In this video I look at one recent example of a similar triangle formation and its outcome, comparing it to the current one and trying to gauge what trading potential there may be now relative to size,
I also look at ATR for confirmation of volatility.