Simple and easy macro analysis on USDTRY
As we can see the price has formed an rising wedge which generally breaks to the downside. The RSI ''is'' forming a falling triangle which is also a bearish pattern. Other than that the smaller time frames show weakining of RSI.
Volume has been decreasing since the first impulse of the rising wedge.
Volume has been decreasing since the first impulse of the rising wedge.
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