TheSignalyst

EURTRY waiting for a trigger to sell

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FX:EURTRY   Euro / Nova Lira Turca
on DAILY: EURTRY is sitting around a strong supply zone in green so we will be looking for objective sell setups on lower timeframes.

on H1: EURTRY formed a head and shoulders pattern so we are waiting for a momentum candle close below its neckline to sell. (conservative)

Moreover, we are waiting for a new swing to form around our lower red trendline and then enter on its break downward.

This analysis is done using RichTL
www.RichTL.com

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