meszaros

USDTRY is ready to turn...

Long
OANDA:USDTRY   U.S. Dollar / Turkish Lira
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10
USDTRY is ready to turn. The exchange rate may increase. It is currently passing through a defining fractal point that can be determined by an axis (gray blue). Fractal points and the ATR distance measurable on them can be used to determine the target price and correction axes. The upward wave structure of the exchange rate may be 5.8539 usd. Then, after a corrective movement, the second rising wave structure follows, the target price of 6.088793 usd.

Comments

Agreed, a textbook double bottom, enjoy the ride.
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@doka, Thanks for the comment. We are excited that many people see this and go long.
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And what looks like a double bottom on 4H. I'm long - planning to lose money!! LOL

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meszaros Captain_Walker
@Captain_Walker, As I can see, your strategy may also increase.
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