The Turkish Lira is gaining strength as markets bet the new Turkish central bank governor will implement an orthodox monetary policy strategy of raising interest rates to bring down high inflation, and demonstrate the central bank is an independent body not influenced by political pressure from President Erdogan.
Highly Possible Scenario - As I mention on the video current price level is very important resistance and also market may in a fake breakout to the major channel. Also, we can easily see Gartley and Butterfly Pattern development in that zone. If we are in the bull trap there is highly possible we will see kind of reversal and downward move to do downside. We can...