CryptoViberG

USDT / TRY Bullish Break-Out Scenarios

Long
CryptoViberG Updated   
BINANCE:USDTTRY   TetherUS / Turkish Lira
USDT/TRY can be quite in negative correlation with USD/TRY in short-term due to different demand&supply dynamics. I utilize this as an indicator for USD/TRY high TF goals. I expect it to make a false break first -below the ascending triangle- and then rise and shine as we see in crypto space.
Comment:
Hmm going smoothly as planned... :) Following the 2nd scenario.
Trade closed: target reached:
Take your passion
Make it happen
What a feeling
:)

This trade is over. Hope you guys took profit... Thanks for the likes and follows.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.