Get started
ViktorGali

Scenario: return by means of "Fiffi" theory @ USD/TRY

Short
U.S. Dollar / Turkish Lira (OANDA:USDTRY)  
ViktorGali  
OANDA:USDTRY   U.S. Dollar / Turkish Lira
Technical Indicators USD TRY USDTRY short overbought intervention centralbank scenario
4
2
indicator usd try usdtry short overbought intervention centralbank scenario
USD / TRY is already triple (D1-H4-H1) overbought. If the the first D1 candle close above the north BB, the course probably turn to the middle band. Target price is 7.30000. Technical resistance: 8.50000 (magic number)
The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!
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.