USDTRY - 2H - Trendline Retest in Downtrend

USDTRY is trending down(at least on this timeframe), i think thats not too hard to see. i already traded a few of those swings. im looking now for another sell at the retest of the trendline. im already short, but i think you can still go in here. or wait a little more for some reversal signals.

im goin for a 618 retracment as TG1 for 1:1 and then some sort of trendcontinuation trade for TG2. stops so far above the recent (small) swing.

Commentaire:

i went short based on this bat pattern, but this was really just the nice reason to go in. i wouldve traded this regardless