USDTRY short on bearish divergence

Bearish divergence on the RSI, indicating a possible short opportunity. This is strong divergence as we are still in the overbought region.

Seen a strong rally in the USDTRY recently over the political uncertainty in Turkey. We are seeing a consolidation at the top as the market gains some relief over the strength of the rally. This is a way to play that consolidation.
consolidationFibonacciForexforextradingforextradingzonesoverboughtRelative Strength Index (RSI)rsi_divergencestructureturkeyUSDUSDTRY

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