Basics Of A Complex Correction: Triangle On USDTRY

As we see on the Daily chart USDTRY is trading in a possible complex corrective pattern, knows as a Triangle. The triangle formation pattern is a continuation pattern, which means that after it's completion more upside may follow. They move within two channel lines drawn from waves A to C, and from waves B to D. It consist out of five sub-waves A-B-C-D and E, each having three minor legs.

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