USDTRY- 06Dec2021
On the weekly, there is a 3 white soldiers formation. Price could certainly pause for a breather this week.
On the H4 timeframe, RSI is already forming negative bearish divergence thus prices could catch a breather this week. Keeping also in mind that prices also have the possibility to surge up to weekly time frame Elliot Wave 5 target at 14.385.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, there is a 3 white soldiers formation. Price could certainly pause for a breather this week.
On the H4 timeframe, RSI is already forming negative bearish divergence thus prices could catch a breather this week. Keeping also in mind that prices also have the possibility to surge up to weekly time frame Elliot Wave 5 target at 14.385.
This is for personal record purposes only, not financial advise or solicitation of trade.