Someone mentioned that interest rates in Turkey will decline to 5% by Thursday. I think that seems something out of this world.
Anyway, looking at FIB circle, it is clear we have been in stellar mode, or its similar to viewing SpaceEx rocket material.
No honestly, i prefer to be view this market as it is. Market is VERY LONG USDTY and any disappointment in rates (not reducing) may be the catalyst for the large decline.
I keep the same strategy SELL current levels 14.25 and upwards and reduce 12.50 and resell on move back 13.50 and then go for the ultimate buy-back 10.25-10.75.
in the meantime good luck for Thursday.
Anyway, looking at FIB circle, it is clear we have been in stellar mode, or its similar to viewing SpaceEx rocket material.
No honestly, i prefer to be view this market as it is. Market is VERY LONG USDTY and any disappointment in rates (not reducing) may be the catalyst for the large decline.
I keep the same strategy SELL current levels 14.25 and upwards and reduce 12.50 and resell on move back 13.50 and then go for the ultimate buy-back 10.25-10.75.
in the meantime good luck for Thursday.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.