USD / TRY: signal for opening short positions

USD / TRY: Daily schedule – choppy
price below the diagonal and horizontal resistance
Price action: tweezers and false breakout of resistance

50 / 200M – do not give clear signals
DeM / CCI (50): Turn the zone of over-bought market – a negative signal

SL: 3.1183

Alternative scenarios: if the price crosses above the shadow of the last pin bar – this will spoil the negative formation will likely see a new bullish momentum.


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