USDTRY Get ready for a sell-off

USDTRY shows signs of a bearish run contrary to fundamental risk factors.

We'll try to capture the move from 5.44 to 5.40 and 5.37 respectively

Waiting for your comments about the chart and likes as well.

Good luck.

Comment:

Price has retraced to the last swing high which is a nice place to short. We may short here with a signal, we don't want the price to move higher.

Comment:

We were hoping that this triangle will break downside but price broke up. We will wait till the price hits the marked level then we're out.

Trade closed: stop reached:

stopped out with the pin touching 5.4660