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usernamex
Nov 18, 2021 1:33 PM

USDTRY At The Upper Trendline 

U.S. Dollar/Turkish New LiraFXCM

Description

As you can see USDTRY has reached the upper trendline resistance since 2008.
The Fibo 38% retracement level is around 7.50. At the same time, there is a negative divergence in the weekly RSI.
Black count is my main script. Blue is alternative as long as the lower trendline is broken.
As a result;
In any case, I think the upper trendline cannot be broken and will fall from these levels.
Comments
baskanx
Thanks bro . 👍
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