Tweezer tops at a trendline while stoch giving a cross over is rare to find.
When you find these beautiful tweezer tops , you have got to short the them.
Only problem is we are in a uptrend in the daily chart. It would have been much better if we were in a downtrend in the daily chart.
Anyway thats why we have ...
It is getting harder for FED to raise the interest rates in 2015.
Bearish head and shoulders signals SELL.
Right shoulder at 38.2 % fib level.
Excellent risk reward ratio of 6.
Untill the june 7th general elections in Turkey, USDTRY is likely to go down.
Due to a sudden 5% down move USDTRY is likely to move back to 50% fib level (2.6450) before to continue its downward movement. 4 HRS bull candle has confirmed the buy signal.
2,6400 target , 2,6000 entry , 2.5700 stop.
Close the ...