InvestingScope
Long

Consolidation before further uptrend. Buy on dips. Long.

FX_IDC:GBPTRY   BRITISH POUND / TURKISH LIRA
GBPTRY is possibly on a recurring pattern sequence as seen on the chart, on the broader spectrum of a 1W, 1M Channel Up ( RSI > 65.523 on both, even overbought on 1M). Our strategy is to buy every dip within the 4H Rectangle ( ADX = 18.434, ATR = 0.0717) in anticipation of the next Channel Up. TP = 6.6467.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (http://www.investingscope.com).

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