USDTRY- 20Dec2021
On the weekly, price continue to bounce to 17.00 which is also the 200% Fib extension resistance. With Stochastic at resistance, we will need to monitor next few days whether the price will pull back from here.
On the H4 timeframe, price faced bearish pressure from the 17.00 level. With Stochastic also at resistance, will need to monitor closely whether USDTRY will start to pull back.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price continue to bounce to 17.00 which is also the 200% Fib extension resistance. With Stochastic at resistance, we will need to monitor next few days whether the price will pull back from here.
On the H4 timeframe, price faced bearish pressure from the 17.00 level. With Stochastic also at resistance, will need to monitor closely whether USDTRY will start to pull back.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.
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.