USDTRY- 21Feb2022
On the weekly, this week will be the 8th week that USDTRY is consolidating sideways. If it fails to breakout this week, we could expect it to drop back to 20EMA at 20.45
On the H4, price is once again testing the pivot at 13.620. As it have broke out of triangle pattern on H4, we could potentially expect price to bounce higher to 2nd Resistance at 14.285.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, this week will be the 8th week that USDTRY is consolidating sideways. If it fails to breakout this week, we could expect it to drop back to 20EMA at 20.45
On the H4, price is once again testing the pivot at 13.620. As it have broke out of triangle pattern on H4, we could potentially expect price to bounce higher to 2nd Resistance at 14.285.
This is for personal record purposes only, not financial advise or solicitation of trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.