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BitterSweetMarkets
May 29, 2017 11:31 AM

USD/TRY FALLING WEDGE PATTERN. 

U.S. DOLLAR / TURKISH LIRAICE

Description

Watch for price action at the (orange) eclipse. A break & close above the upper trend line suggests the pattern is complete giving us a buy signal. If resistance holds at the upper trend line then a short trade back to support can be taken, wait for the price to fall below the eclipse for confirmation.
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