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Boon2
Jun 13, 2018 10:35 AM

USDTRY H4 Short

USD/TRYOANDA

Description

Trade the C waves, look for shorts
Comments
Stag
I have observed yr drawing of yr USD/TRY for some time and it still confuses me. The USD is stronger and the Turkish Curr. lower. On my charts this pair has gone up considerably which would have given a big loss and yr charts indicates the opposite a sharp downturn. Could you pls clarify this for me. thank you Stag
Boon2
@Stag, I'm not sure I understand your question but I will try to explain what I'm looking for. On the 7th of this month I posted a chart looking for the buy for C wave up, this is a H4 chart so I look for signals on the lower timeframe and we got that C wave up. Now I'm looking for the C wave down and yesterday I did get nice entry short on m15 which i took a little profit on and remaining was stopped out at break even. it turned out to be reg. flat on M15 for another leg higher, I took that buy with tp 123.6 extension which was hit. I'm giving the most basic structures in my analysis, ABC's as its impossible to give or predict complex corrections. if you would like to send me a PM perhaps we can organize a private zoom session
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