USDTRY will continue its fall. It is sitting at the top of a very strong bearish channel which has been respected for months. In addition, market has rejected a bullish exit with a wick off the EMA, under which price still sits. Shorting with a TP at .786 FIB (5.05922). Practice safe risk management.
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.