JoE

USDTRY Parabolic pattern

JoE Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
First of all I'm not saying USDTRY won't go higher, but it definitely looks like parabolic curve completing with buying climax.
Hence I would short when the parabolic curve is penetrated.

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Comment:
It seems that the president needs to step down, otherwise there's nothing that can stop the bleeding.
Trade active:
Looks like it's buying climax for me, catching the knife next week or so.

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