weslad
Short

USDTRY Correction In Progress

FX:USDTRY   U.S. Dollar / Turkish Lira
hey guys keep an eyes on this potential bearish flag forming it should break down to complete the last leg of the correction.
Trade active
Trade active: Let wait to see price reaction at the resistance zone.
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I am more interested in the 5.80s and 5.40s band in this analysis. Maybe if the flag continues, then other options may be more viable?
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dude are you okay?
+1 Reply
update please because up now
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Trade active? Im from turkey and Please do some research about our country central bank reserve and I know we are in economic crisis I told you from july 2018 so its not possible dude.

and check my all trade https://www.tradingview.com/u/emrelg/
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imagination.
+1 Reply
Hi Wes,

Tecnically can this analyse be possible but,

According to Turkish finance consruction is not

possible.
+1 Reply
You shouldnt trade exotic pairs without fundamental knowledge. (Politics, economic situation etc.) There is "absolutely" no chance of this is going below 4, even 5.
+2 Reply
Given the ongoing local elections in Turkey, there is no way you can see USD below 4.5!
+1 Reply
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