Euro / Turkish Lira
Long
Updated

EURTRY Long ABCD pattern 4H

The price is moving in an upward channel, it is currently at a level of resistance, where it opened with a gap on sunday night, and is half-way through the last leg of the AB=CD pattern within the channel.
Note
snapshot
Since the price is right under an important level of resistance, it could go down to bounce on the trendline, and go retest the same resistance to break it and go to the top of the channel
Note
snapshot
Price is retracing nicely towards the base of the channel. Get ready to ride loooooooonnnnng :)
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