TheSignalyst

USDTRY Potential Bearish Movement

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
USDTRY Potential Bearish Movement

we are waiting for a momentum candle close below 6.690 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Channel (in blue)
3- All-Time-High

Three confluences are enough to consider Selling USDTRY, after a break below 6.690 (in gray)

*meanwhile, this pair is overall bullish, until an objective sell setup is activated

This analysis is done using RichTL
www.RichTL.com

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