Opportunity once in a Lifetime - Technical Look XU100 TARGENTINA
As can be seen in the snapshot. It is clear that UCYMA indicator is working accurately with XU100. Albeit it's components look very simple, simplicity is the key. It uses several filters of Moving Averages depending on Linear Regression, Kaufman Adaptive's and Hull concept.
This is a Long-Only, spot, stock swing trade indicator and you're witnessing it's Long signal getting a confirmation from a very key point.
From a fundamental point, I see many reasons behind the direction of the market as being up.
This being said, I believe we will surpass the previous USD high, and crown it with a new top with 1.000 USD. With the currency rates, I am targeting a 55.00 USDTRY for when that would happen and this gives me a target of 55.000. It is very early to put that kind of targets. On the short run my target is 15.000, but I still believe my final target is inevitable only to be followed by a huge devaluation just like in Argentina. I call this scenario, Targentina.
Regards
This is a Long-Only, spot, stock swing trade indicator and you're witnessing it's Long signal getting a confirmation from a very key point.
From a fundamental point, I see many reasons behind the direction of the market as being up.
This being said, I believe we will surpass the previous USD high, and crown it with a new top with 1.000 USD. With the currency rates, I am targeting a 55.00 USDTRY for when that would happen and this gives me a target of 55.000. It is very early to put that kind of targets. On the short run my target is 15.000, but I still believe my final target is inevitable only to be followed by a huge devaluation just like in Argentina. I call this scenario, Targentina.
Regards