USDTRY price at the bottom of uptrend channel, bullish falling wedge formed, may go long if break out up....
Also price can fail from wedge, which means we can short down
Also price can fail from wedge, which means we can short down
Note
Price broke falling wedge and price back to uptrend channel.we may see some retest of wedge and move higher.
Or it was just fake out and really price can move all way down to 5.0 price level.
Note
Looks it was fake out.. and price continue to go down...
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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.