U.S. Dollar / Turkish Lira
Long
Updated

USDTRY looking bullish again

622
After the last retracement we will most probably break the flag upwards toward our goal marked by the yellow line

this is not a financial advice, just my own study of the chart

dyor and protect ur capital,

cheers
Note
well the chart invalidated the triangle formation apperantely. Now Im looking at 6.25 resistance, if we get past 6.25, we will shoot up to the next resistance indicated by the blue line.

in bearish scenario, we ll get rejected from the .618 fibo level (6.25) and will be going on a downtrend toward our bearish target which is the bottom yellow line.

snapshot

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