Ok A quick update about the USDTRY. As you can see the original analysis was spot on, and usdtry did go down exactly when I predicted it would go down. It looks like we have a new channel beneath the original up channel. That means the original date of meeting our major resistance line has been postponed for a few more days. So we might see the price moving up a little bit up to the support line of the previous channel. My prediction is maximum 5.47- 5.48.
So a movement within this channel until the resistance is likely, or it can start raining before even hits the resistance line. A break above the resistance line is very unlikely IMO. So I already started shorting around 5.49 levels. Closed my position around 42 and waiting for another shorting position.
There is good money to be made here. Keep your eyes open.