EURTRY - DAILY TECHNICAL ANALYSIS - FOREX - EUR TRY
Updated
EURTRY has seen a very long and very nice up trend. Not long ago we saw some break down in that up trend. As I see it, price action looks to give a 'failure to continue trend' signal as it attempted a short up trend here recently. Red line was the optimal entry, I doubt we will see that level again but we may and in my opinion its still not too late to find a short position. If I were short I would take profits at lines bellow entry with stop at previous high.
Clearly not financial advice.
Clearly not financial advice.
Note
Held support and Higher Low, let's see how it goes this week, could pump.
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