mkanik
Long

Least path of resistance and low volume! Higher prices are close

FX:USDTRY   U.S. Dollar / Turkish Lira
MACD crossed and very low volume phase started. No hard selling or any action that changes the price. While the weekly chart looks like a bearish flag , the daily chart is telling me something will happen soon. Watch for 20 moving average. It isn't going to be taken down easily. In the first higher high green daily candle, it is a but for surge with a stop loss below the last red candle. Try to take a position on the 20 SMA , if you intend to take a position. here is not a lot of resistance on the path of a new high around 7.6.

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