USDTRY Short Daily

Updated
Setting up a short position bouncing off previous support turned resistance and the downward sloping channel. This looks to be a good play as risk on continues and emerging markets are gaining strength this year against the USD.

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Note
Manually closed out the position before the weekend 2.28% in the green for the trade.
Descending ChannelfiblevelslongtermshortTrend AnalysisTRYUSDUSD

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