USDTRY / H1 / Technical Chart Short

U.S. Dollar/Turkish New LiraFXCM

Description

⋅ Jan 17, 2019 5:39 AM

Good Morning Dear my friends

14 Jan 2019 I shared;

What I wait at that analysis? after it broke the triangle, I waited pullback to triangle, and it did

16 Jan 2019 I shared;

I said there was important 2 support channel on our way, and it broke the first one

Now we are in the second one, at the same time there is Bat pattern

Couse of that, I move my stop to entry level
and If it will broke the second channel also, I will open 1 more trade

If you have different analysis, Please share with me

lets make analysis together and get profit together

Thanks for your comments and likes

Wish you many pips

Comments

emrelg

⋅ Jan 18, 2019 6:49 AM

servet61

⋅ Jan 17, 2019 2:52 PM

thanks fxcanli

FxCanli

⋅ Jan 18, 2019 6:16 AM

@servet61, You're welcome :)

custom_drake

⋅ Jan 17, 2019 7:06 AM

Great chart indeed nice trade, but i've closed my short.

Here is my idea why I believe its temporary reverse point

FxCanli

⋅ Jan 18, 2019 6:17 AM

@MarkUs.kelvin, Thank you very much for the message :-)

Tahminci_Ciragi

⋅ Jan 17, 2019 6:40 AM

Although I would love the price to break the second support and keep going lower and lower bat patterns seems perfect fit for this situation. I am afraid it might work and the price might test the resistance which is indicated by the yellow bar on your analysis. I dearly hope that your first analysis work and go further and see new lows though. As we are all aware, we are going through some tough times...

FxCanli

⋅ Jan 18, 2019 6:26 AM

@Tahminci_Ciragi, Thank you very much for the message :-)

Tahminci_Ciragi

⋅ Jan 17, 2019 6:32 AM

Thanks a lot!

FxCanli

⋅ Jan 18, 2019 6:27 AM

@Tahminci_Ciragi, You're welcome :)

volkanefeoglu

⋅ Jan 17, 2019 6:03 AM

Thanks FxCanli