USDTRY - SELL medium-term strategy Short

U.S. Dollar/Turkish New LiraFXCM

Description

⋅ Nov 10, 2021 10:01 AM

It's looks a perfect opportunity selling at 9.8200.
Negative divergence, and high RSI both daily and weekly chart.
The price action is above BB band as well as above the regression trend as well.

I suspect return 8.1600 and lower medium-term.

Trend Analysis usdtryshort

Comments

BatuMeftun

⋅ Nov 10, 2021 4:00 PM

BUY TRY??? Only Three people buy TRY
1) Stupids
2)Erdoğan lovers (also stupids)
3) Brave trader (probably also stupids)

Karamel76

⋅ Nov 10, 2021 5:15 PM

8? It's impossicble before 2023

AahmedD

⋅ Nov 10, 2021 2:03 PM

What about stop loss?