Hourly short on the USDTRY - Looking for some price action like a Bearish outside bar, double high lower close or a pin bar. p.s the red dotted line is my alert to notify me when price is nearing this area.
- We have the big round number of 3.0500
- Strong resistance from previous two highs
- Price is rounding off signalling an overbought market which is also shown by the MACD
- Upper trend line is also there to hold as resistance
- We have the big round number of 3.0500
- Strong resistance from previous two highs
- Price is rounding off signalling an overbought market which is also shown by the MACD
- Upper trend line is also there to hold as resistance
