czarly

TRY a bit more to draw a Bat

Short
FX_IDC:TRYEUR   TURKISH LIRA / EURO
If this pattern plays out it can deliver a nice risk reward opportunity. But first a little retrace has to fuel the bull power for the short term profits of the shorts. lets give it another 2 weeks from here. By that time the Ichimoku Cloud as support level should align with the 38% retracement of the AD leg and give us a good position to add to a long. Always remember: buy on support, sell on resistance.

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