TradingView
Shingi_Lesetedi
Apr 15, 2019 7:26 AM

Waiting for a potential trend reversal Short

U.S. Dollar/Turkish New LiraFXCM

Description

USDTRY has rallied up to a demand area and is currently struggling to push higher. My reversal trade will be confirmed when I see the bears building momentum and the price breaking the 20MA. A more conservative entry would be after the support trend line is broken.
Comments
CryptoEngineering
Shingi_Lesetedi
@CryptoEngineering, yes bias on this pair is now bullish after that break, retest and continuation.
CryptoEngineering
@Shingi_Lesetedi, Agree with you. I also like your prediction, dude.
Shingi_Lesetedi
@CryptoEngineering, thanks mate. On point higher time frame analysis you have up there.
CryptoEngineering
@Shingi_Lesetedi, Longer time frame :D :D
More