Chartsmith
Short

Waiting for a break out to sell

FX:USDTRY   U.S. Dollar / Turkish Lira
116 5 6
Good luck!
Comment:
snapshot
I'm bugging out of this trade when price hits R5. I think the Dollar index is making a bull flag
Reply
break out you think..? or not just yet ?
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Chartsmith DownUnder
snapshot
Reply
Chartsmith DownUnder
I think there is a small down move coming to the lower BB Band but the price looks like it will be supported until the 20th where the new prime minister is declared. If the market likes the appointment TRY should gain strength fast. If not price will test 3 and then 3.20. Until then maybe we'll get a range developing
Reply
you think the break down has started ?
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