On the 4H chart of USDTRY
we see a completed first leg as in red wave (A) of a bigger three wave correction that started from 2.7573 low. That said we are now tracking a three wave movement in red wave (B) that seems to be in final stages and could be completed in session ahead. We may expect a reversal to the upside at 50 or 61.80% fibo. level of previous five wave sequence of red wave (A).
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