USDTRY TOP-DOWN ANALYSIS
we are waiting for an objective break below our red or blue trendline to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in blue)
2- Objective Channel, still forming (in blue)
4- Supply / Round number 7.000 (in purple)
Three confluences are enough to consider Selling USDTRY, after an objective break below our trendlines.
we are waiting for an objective break below our red or blue trendline to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in blue)
2- Objective Channel, still forming (in blue)
4- Supply / Round number 7.000 (in purple)
Three confluences are enough to consider Selling USDTRY, after an objective break below our trendlines.
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal