Turkish Lira will reach above 12 in summer 2021
Due to the economic chaos in turkey i expect the turkish lira will reach above 12 before summer 2021.
My expactation i have made with the fib speed resistance fan and arcs.
The turkish lira will reverse at 7,30 (fib 0.382 of the arcs) thereafter a huge run till 12.2 (fib 1.236 of the arcs). I expect this run will continue till 14,35 (fib 1.618 of the arcs).
I will enter a long at 7.30 and will wait till summer, then I will book a vacation to turkey with the gains.
My expactation i have made with the fib speed resistance fan and arcs.
The turkish lira will reverse at 7,30 (fib 0.382 of the arcs) thereafter a huge run till 12.2 (fib 1.236 of the arcs). I expect this run will continue till 14,35 (fib 1.618 of the arcs).
I will enter a long at 7.30 and will wait till summer, then I will book a vacation to turkey with the gains.