tradervicx
Short

Short USD/TRY - H&S potential pattern

FX_IDC:USDTRY   US DOLLAR / TURKISH LIRA
27 0 0
Potential H&S pattern
I think USD is suffering from exhaustion after a solid run.
My conviction is largely due to negative divergence in RSI .
To my eye, this looks very much like a high probability trade.

Short at the Right Shoulder to build-up profits to again go short after breach of neck line.

Great carry trade pair, even when it stands still.
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