A textbook trade the previous analysis on usdtry. Showing how easy trading can be sometimes if we are willing to wait for a good setup. As we can see on the left, it respects that big bull flag that i drew a week ago. So we could be closing in on a temp low on the lower time frame. My game plan now is, waiting for a potential inverse H&S with the low in that green support. So waiting for things to play out first and then making an attempt if things look good.
Previous analysis:
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So far the H&S is taking shape now. We can see a trend line now and hopefully we get something in the shape of a wedge, the bigger one or the smaller yellow one. That would give the option to get in at the exact low with a small pos and then wait to see if we get an completed inverse H&S or not. So risking some at the support zone for a potential big win.