EURTRY is about to confirm a long entry based on one of the trading strategies we employ, derived from Tim West's methodology. I'll be sending a signal to long to my trading signals clients after today's close. Sellers have already taken positions and it appears there's no one left here to sell. This cross pair presents a nice technical level, and good opportunity to leverage the bearish fundamentals the Turkish lyra has.
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Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/ We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
Nota
USDTRY for reference. I'll be going long there again when safe too.
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