TheSignalyst

USDTRY waiting for our trigger to sell

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FX:USDTRY   Dólar Americano/Nova Lira Turca
USDTRY is sitting around a strong supply zone in blue so we will be looking for objective sell setups.

this one formed an objective channel in red and broke its lower red trendline downward, but we didn't sell yet, as we are waiting for a momentum candle close below its last swing for more confirmation.

we also have a regular bearish divergence adding more confluence to our sell setup.

This analysis is done using RichTL
www.RichTL.com

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