leducterov

USDTRY Short Term

Long
leducterov Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
in rising wedge, probably will break out after 5.57?
cup handle? to 5.38?

''only for educational purposes''
Comment:
seems like the wedge is broken, next target is 5.42. if the second resistance cannot hold it we're heading to 5.38.

if it holds we might expect 5.5'sh again.
Trade closed: stop reached:
the second resistance is broken, we're heading to 5.35.
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