Bollinger bands implies relatively high prices, thus we can say buyers will be more reluctant from these levels RSI negative divergence
It's too early to analyse USDTRY but, there is a saying in Turkey such as "Dollar always see its top". Some may consider this levels (12 - 13) see as buying opportunity (even though government issued free dollar option).
RSI positive Fibonacci levels supported Work until FED news
RSI Negative Div. (short term) 4708 resistance probably works
Very risky trade (It may consolidate between 12 - 12.5) but expectations for TL are crazy, so cup & handle (and fibonacci) suggests 14.5's
watch it with tight stop (1380s) but it'll probably go up from here (if it wont stay under 1387) and first target is 1460 (this analysis will self destruct when central bank of Turkey wage war on the market :) )
in terms of technical: divergence trade heere may be risky but reversal is obvious fundamentals: news about future interest rate decrease in last quarter can effect
Every historical fundamentals tells the same story: we are on the edge of the cliff for SP:SPX ... But timing is very important when it comes to challenge the FED According to that Fibonacci reversal levels are presented above also about the timing (look at the sep and jan): seekingalpha.com
very risky short idea based on bearish moving averages
Idea based on strong resistance level and triple top pattern
idea based on ascending support level buy zone @ 7.5 -CBRT meeting next week, expect volatility