USD TRY Bullish Flag Formation

Updated

Possible BUY / SELL positions for USD/TRY. This is not a trade advice, do trade by your own will and check chart regularly.

Note

Trade is still active, its falling towards buy zone and still bearish, after jump from trend it may break the top trend, so chart should be watched carefully.

Note

Morning star is formed and will start uptrend today

Note

It made an early breakout, if 4 hour chart stays above the triangle it will push up more.

Note

Trade is still active and it started to fall, tried to breakout but couldnt and it looks like the second try will be a breakout.

Possible new buy target is around 4.60 but confirm that it returned from the buttom line of triangle and watch carefully for breakout.

Note

3 Line strite pattern on 1hr chart, it will turn from downtrend and possible try to breakout again.

Note

It hit the bottom of the triangle and may breakout to bottom

Trade closed: stop reached

Stop reached and it broke to bottom, possibly will return around 4.45 support.

Trade closed: target reached

wo0t7

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