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Hyperwave_Mauritius
Aug 25, 2023 4:56 PM

Potential top of Turkish Lira  Short

U.S. Dollar/Turkish New LiraFXCM

Description

Based on recent information, the chart shows a potential top of the loss of Turkish Lira value against the US Dollar.
The chart on Daily timeframe is a classic WallStreetCheatSheetPsychologyofaMarketCycle

Comment

stop loss at 28.50

Comment

trade not stopped yet. almost hit stop loss but did not.

Comment

stop loss moved, i believe in my trade. ill take the risk until 29.xx and will re evaluate. if market is still against me, i will for sure close the trade by the end of nov.

Comment

closed. too risky now. will wait
Comments
fake_profile
hahahah that's really funny :) I think you dont have slightest idea about economics do you? have you heard anything about inflation? well may be you should first learn basics of economics before touching any charts lol
MelihKsk
my friend never bet against us dollar for turkish lira
MelihKsk
Dear all, Correction, you can only see 12-15 if a zero is omitted from Turkish lira in the future.
LeoTrder
😄 this is not about technical , its just fundamental , you never see 12-15 in minimum next 2 years
WACD
@LeoTrder, Correction, you'll never see 12-15 ever again.
Derekf425
If it goes to 28 I will make 150k on short went in on a $10 million short
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