TomProTrader

#USDTRY-UPDATE: BEARS AROUND, DOWNSIDE TO BE SEEN! #FOREX

FX:USDTRY   U.S. Dollar / Turkish Lira
124 0 14
Traders,

Compelling evening star signal in the rounded bottom at the Fibonacci ratio confluence zone, shows this is clearly a legitimate resistance ceiling. Notice we hit sideways trend line resistance, and sideways resistance also. Indicating this is a key action level to at least consider shorts.

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Best regards,
Tom
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