TiborVrbovsky

USD/TRY in a Rising wedge.

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
Hey, I am back with another Forex idea as I said, that I will deliver a one Forex Idea every working day.

Let's get into chart.

Basically USD/TRY has printed a rising wedge which is considered as bearish pattern and is expecting the price to see a spike down.

RSI has also printed a bear flag , overall this seems like a good trade.

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Trade active

Comments

good idea thanks
+1 Reply
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