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MattArmstrong
May 26, 2021 3:17 PM

USDTRY - Long Breakout? Long

U.S. Dollar/Turkish New LiraFXCM

Description

We caught a great trade from March going long (Profit/Loss Box Remains)

I just don't see the economic situation getting better anytime soon for Turkey.

I am actually living in Turkey currently, it's a lovely country with wonderful people, food and and and....

I see the break north, on a technical level the "Rising Wedge" pattern illustrated.

Keep on trucking! or trading whatever...

1% Risk, 2:1RR

Trade active

-already looks like it's breaking north.
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