I am not sure if we can really hit 5.00 region for usdtry however there are a few formations that are already supporting it. Dense political activity (elections etc) in Turkey, jeopolitical factors including Syria, Iran and Russia issues and economical situations flactuates the daily bars quite a lot.
Please be informed that this graph does not include and...
If we break the line I will be in the trade to take my chance. If the prices go higher than #5 formation is off.
This sketch is not an investment advice but to create situational awareness.