Please like and follow if you agree..
* It seems price bubble has been collapsed to normal price range.
* 3-month down trend tested once more.
* Turkish stock market(-%3,05)
* Turkish central bank is still selling(short) USDTRY on future market to maintain USDTRY.
* 5.54(Neck) should be passed to say Double Bottom formation
* Critical price level is 5.41 for 21.11.2018.
* Any closure above 5.41 will be followed by 5.50-5.54 range to test out the neck very quickly.
* If price rejects going over 5.41 mean re-test of 5.30 support once more.
* It seems price bubble has been collapsed to normal price range.
* 3-month down trend tested once more.
* Turkish stock market(-%3,05)
* Turkish central bank is still selling(short) USDTRY on future market to maintain USDTRY.
* 5.54(Neck) should be passed to say Double Bottom formation
* Critical price level is 5.41 for 21.11.2018.
* Any closure above 5.41 will be followed by 5.50-5.54 range to test out the neck very quickly.
* If price rejects going over 5.41 mean re-test of 5.30 support once more.