Waiting for 3rd divergence on USDTRY to short
USDTRY chart had a very good second divergence to short that normally i would have taken very likely. The thing that bothers me it the length of the signal bar & bullish return at the end.
Follow through was no as strong & the trendline is not broken so will wait for the 3rd divergence for a reversal and can take a short later.
Follow through was no as strong & the trendline is not broken so will wait for the 3rd divergence for a reversal and can take a short later.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.