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BBN91
May 4, 2017 3:43 PM

WOLFE WITH FIBONACCI Long

U.S. Dollar/Turkish New LiraFXCM

Description

In the long run, USDTRY is under the influence of the rising trend and we support it when we combine wolfe 1 and 4. But the formation of resistance and consolidation zones can keep the investor waiting. On the other hand, So the value given to 0.618 is ideal for me to first sell or gradual sell .

Comment

Extend the green line at the same slope and sell at a price that intersects with the price, gradual sales can be done.
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