ridethepig

ridethepig | Turkish Lira Strategy

ridethepig アップデート済   
FOREXCOM:USDTRY   米ドル/トルコリラ
🔸 Ceilings and profit taking

I am starting to unwind partials in the USDTRY longs with all of these moves so full of energy in the current chapter it wont be long until the retailers and bloomberg crowd are on board. There is lots of thunder and lightening across the global economy, Turkey will catch more than the sniffles but it is prudent we stick to the plan - the same plan since 2018 (yes 2018).


In this position, wave 5 was an obvious impulse, because after buyers held support they could then start to promote their positions and adding to winners. The 30% upside once looked miles away and is now shining us right in the face, will sellers dare to come out? Will other sharp speculators riding this for months/quarters want to also take profits?


If buyers hold 7.82xx it will trigger the collapsing of local banks, so we make this play with a heavy heart. It would be interesting to investigate further whether we will get the intermediate highs in USDTRY, so lets leave some partials running incase we get capitulation...

コメント:
DXY:

トレード終了: 利益確定目標に到達

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。