USDTRY - Selling at the top of the corrective channel
DAY TRADE - Expires at 9pm today
Trade Idea
The medium term bias remains bullish.
Trading within a Corrective Channel formation.
Bespoke resistance is located at 5.7849.
Intraday signals are mixed.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to Sell at 5.7850
Stop: 5.8550
Target 1: 5.6320
Target 2: 5.5465
Trade Idea
The medium term bias remains bullish.
Trading within a Corrective Channel formation.
Bespoke resistance is located at 5.7849.
Intraday signals are mixed.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to Sell at 5.7850
Stop: 5.8550
Target 1: 5.6320
Target 2: 5.5465
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