MontyMacht

Aesthetic Analysis: Highest Point of the Year

Short
OANDA:USDTRY   Dollaro / Nuova lira turca
UDTRY had made a great jump in the past months, but if aesthetics are to be believe, the power of symmetry lies in a slight pull back before the end of the year. That's mainly due to being in the north edge of a long running logarithmic channel. If this is to be broken, symmetry would demand new balance points which would provide stability to the price above 14. This has a very low probability to happen within 40 days,

Therefore, even though all analysts and technical indicators are hinting at a Strong Buy, it looks to me like a Strong Sell for the coming weeks.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.