Dollaro / Nuova lira turca
Long
Aggiornato

How Will USD Bull Run Continue

1320
USD is
- still bullish,
- has consistent volume, buys are slightly increasing since the beginning of the year.
- made the bullish flag in previous year.
- hit the bottom of the uptrend channel that validates the target zone at the top of the channel.
- Turkish economy is still in fragile-five.

Correction to 6.70 (Fib Level 0.236) is possible. It is up to you to wait for that scenario.

Entry Zone : 6.70 - 7.00 TRY (Fib Level 0.236)
Target Zone : 9.00 - 10.00 TRY (Fib Level 0.786)
Stop : 6.40 TRY (Outside of the uptrend channel)
Expire Date : Mid 2021
Psychological Levels : 9 - 10 - 12.5

p.s. This is not a trade advice. Do your own research and take your own risks.
Trade attivo
Price is entering the buy-zone
Trade attivo
Entrance time is over. Last chances to catch the train up
Trade attivo
Impossible to see IHS in the channel. Target about 10 liras is explicit.
Trade attivo
Oh my God! It works like a charm.
Now the targets are : 10 in mid-term & 12.5 in long-term

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