FX:EURTRY   Euro / Turkish Lira
85 0
For EDUCATIONAL PURPOSES ONLY. This is not an investment advice.

Longs appear to be on the defensive and exiting their positions. This coupled with new shorts, smelling the parabolic climactic conditions, and what do we get ? Lower Peaks and Lower Troughs. A classic Dow Theory intermediate term trend reversal on hand in this hourly time frame.Control and commitment now in the hands of the bears.

Expectation now to see further lower prices over the next 4 - 8 days, or at best, flat price action behaviour.

Analysis continues at the chart technician....
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out