botje11

TRYJPY long term top formation

Short
FX:TRYJPY   Turkish Lira/Japanese Yen
Still not very clear but looks like we got a possible long term top formation here. Broke the support, few failed retests as well. If it’a real, we should see rejection and drop happen at any moment. So in other words, even though there is room to that blue zone, it should actually not even come close any more and simply drop from this very moment.

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So far this tryjpy idea is failing. Shortly after my post it went up into the zone I said it should not test anymore. Now it has become too random. Looks like could even break up. The top formation on higher time frame, is not completely off the table. I would not just sit on it, but rather wait for coming weeks to play. Because the possible curved shape can still be in play, just getting bigger than I anticipated yesterday

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disappeared a long time how are you doing
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botje11 aklang
Yeah, some unfortunate circumstances in my life past few months. I have been active in my public channel though past 2 months again
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