ew-forecast

USDTRY Is Expected Higher After Temporary Pullback

FX:USDTRY   U.S. Dollar / Turkish Lira
On the 4h chart of USDTRY             we are tracking the first leg of a three wave retracement in blue wave B-circled, labeled as red wave (A), that could be completed in session ahead as price is now trading in black wave 4. The Correction in black wave 4 can retrace to 38.20 or 50 % of previous black wave 3 before continuing higher into wave 5.

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thks. i am waitng near trendline
snapshot
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thank you.
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You're welcome.
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