Triangle limited to Lower Highs. Bearish pattern.
USDTRY is trading within a +2 month long Triangle on 1D (RSI = 45.814, ADX = 15.914). The Lower High sequence (Highs/Lows = -0.0144) is limiting the upside potential to 6.2000 and is narrowing down the trading width to the point that the 5.95884 - 6.01186 buying zone should break. If it does, we will target 5.70. On any other occasion we will be idle.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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