USD/TRY Forex Analysis and Forex Signal

We received a short trading alert on the USD/TRY D1 timeframe, from our harmonic pattern EA this evening.

What Others Are Predicting

Go short
bearish entry
Hello traders, hope you’re doing good. Here we share our technical analysis considered to fundamentals and future price actions.

My Thoughts!

  • A Max Bartley Harmonic Pattern has set up on the D1 timeframe
  • We received a short alert on the harmonic pattern scanner, which has a 100% win rate on the currency pair.
  • RSI is at an overbought state around the 70 line
  • Set SL above previous resistance level

Our targets for the short position are 5.754914 – 5.566258.

Cheers to another successful week!

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