volkn

USDTRY are we going to see the 5s?

Short
volkn Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
If you remember the date of 23-05-18, the central bank of Turkey had made committee decisions, the Turkish lira gained about +8% and USDTRY was decreased about -8%. The history repeats, the meeting will affect a decrement upon the value of TRY positively on 24-07-18. However, at that time, if the USDTRY sees the 5s then we can say these conditions as I said.

Now the time is the wait for the key level about 4.70s. After that, we can make long to 5s.

Here is the plan;
  • 4.65 to 4.70 long
  • 5.02 to 5.10 short
Now is short until long levels.
Comment:
Trade closed: stop reached:
Stop-loss reached.
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