Ichimoku_Trader

More up before down...

Short
Ichimoku_Trader Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
...
Comment:
We have touched the bottom of the reversal zone...
Comment:
The big retracement inside the reversal zone is worrying since it could be a winding up for the move up

If the next move up is a strong one, we can expect a move higher into reversal zones 2 or even 3

For now, we are still following our original plan but I just thought that I would share my understanding of the new information with you

Good luck, be careful

Comment:
Today's move was very strong indicating the penetration of the reversal zone 2
So heads up
Comment:
Again we have a very strong move that actually penetrated into reversal zone 3
It is now clear that this is wave 3 so once it ends we should expect a boring wave 4 that will set the stage for how much higher we can go
Comment:
Wow...
A very strong move that even penetrated the top of zone 3 with great ease
Theoretically, this area should hold today
Let's see
Comment:
Comment:
Here are 2 more possible reversal zones

Comment:
Very impressed with how the Turkish government curbed the decline of the Lira in such a strong wave 3

Hope all ends well
Comment:
Amazingly, a close below 6
Wow .. very impressive
Comment:
Just broke yesterday's low...


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