A Potential Double Top on The TRYJPY?
Turkish Lira/Japanese Yen FX:TRYJPY
Last post: June 2nd. See chart.
Review: The bears had resumed control of the market from resistance but a break below pivot support was needed.
Update: Price has pulled back to the same key resistance which we want to see hold strong and form a potential double top .
Conclusion: A waiting game now as we let price dictate a clear trend direction. The odds are still very much with the bears.
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