The_Cannalyst

Breakout ahead?

Long
The_Cannalyst Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
47
Bullish, bullish, bullish!

Since 08/2015 USDTRY is ranging between 2.75 - 3.05

I see three alternative Szenarios:

1. Cyclical Stopbuy (BO) > the Box`s upper edge (low risk)
2. Anticyclical short at the recent Level -> TP Bottom of the Box (high risk, but good crr)
3. Cyclical Stopsell below the Box`s bottom

Comments are welcome -agree or disagree!

Comment:
shoertterm view:
Comment:
triggered the shortposition
Comment:
Comment:
Attention pls! Reached Action Point!
Trade closed: target reached:
Yes yes yes...thx mr. erdogan!
Comment:
hahahahaha

Related Ideas

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.