TheSignalyst

EURTRY waiting for a trigger to sell

Corto
FX:EURTRY   Euro/Lira turca
on DAILY: EURTRY is still sitting around a strong supply zone and All-Time-High so we will be looking for objective sell setups on lower timeframes.

on H1: EURTRY broke below our red trendline but we didn't sell yet, as we always wait for a momentum candle close below the last swing for extra confirmation.

meanwhile, until the sell is activated, EURTRY would be overall bullish and can still test the upper supply zone before going down.

This analysis is done using RichTL
www.RichTL.com

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