Halilotti

USDTRY HIT ME BABY ONE MORE TIME! 16.11.18 SHORT

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
Hi Guys,

Let's carry on focusing on this baby. Yesterday was a good day, as predicted the price went down and I made a humble 2000 pips:) So is it over? Not just yet baby. As you can see we are about to finish the handle of a Reverse C&H. That obviously means the continuation of the down trend and not just that it means another fall of about 2000 pips! Well I am opening a position a bit prematurely as the formation hasn't completed just yet. But my ultimate goal / dream/ fantasy is obvious if you check my previous analysis's . So since this aligns with my previous dream I will short here. I already made a good profit and this allows me to be a little daredevil:) A more cautious trader should wait until it goes down to 5.30's again. So the handle is completed.

Let's see if we can make another 2000 pips folks. Woohoo! :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.