UsdTry break long term trend.

FX:USDTRY   U.S. Dollar / Turkish Lira
693 4
this pair break long term trend line and move up to 5.43 we have a little correction. it seems we have continue bullish movement. everything depend on 5.55 and if we hold a day over 5.55 we can see 5.77 - 5.92 - 6.12 and more.

alternative scenario: if we break 5.13 we move 4.90 directly.

it can be create h&s pattern if we break neckline.

sma200 is broken now. we need to see confirmation.
Comment: Strong support area
Comment: chart is ready for another spike.
thanks, any updates
+1 Reply
@strmo7719, done,
How many percent is alternative scenario possible ?!
+1 Reply
@maralsss, this is my main analysis. i can not give you percent for alternative scenario.
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