The pattern starts looking as if we may see strong run up. Both daily and weekly chart has positive stochastic and we have established 13.98 as a base once again.
I understand the cost nature of being long is not good, therefore rather we trade it only medium-term for now.
SELL strategy is SELL 15.25 > 16.50 for now. I think we may see higher then 14.60 this time due to weakness in RUB and it will drag the TRY along a bit plus higher oil prices should increase the inflationary picture world wide.
The over view is down toward 10.50 - 9.00 after we have gone higher at first.
I understand the cost nature of being long is not good, therefore rather we trade it only medium-term for now.
SELL strategy is SELL 15.25 > 16.50 for now. I think we may see higher then 14.60 this time due to weakness in RUB and it will drag the TRY along a bit plus higher oil prices should increase the inflationary picture world wide.
The over view is down toward 10.50 - 9.00 after we have gone higher at first.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.