Since Erdogan acted in an irresponsible way, is endangering the stability of a whole country, and can unleash greater problems globally, right now it is a speculative bubble, and if it follows the same behavior of examples such as Bitcoin, bubble of the tulips, ... The collapse of the pair can be proportional to the rise, in weaker currencies this phenomenon has occurred. To open shorts, wait until this pessimistic stir with TRY stabilizes a little.
The disproportion of the movement of the price shows that in 2 weeks it has devalued what it has taken him to do in 2 years.
The disproportion of the movement of the price shows that in 2 weeks it has devalued what it has taken him to do in 2 years.