No change in view.
We should be moving higher first based on the oil price and crisis we are witnessing. We may be seeing 14.50-14.75 and thereafter 15.50-16.00.
I only suggest the medium-term strategy to SELL in TRY weakness, i.e. selling @ 15.25-16.50 for a move back towards 10.50-9.00. Due to timing and cost factors will not present LONG strategy.
We should be moving higher first based on the oil price and crisis we are witnessing. We may be seeing 14.50-14.75 and thereafter 15.50-16.00.
I only suggest the medium-term strategy to SELL in TRY weakness, i.e. selling @ 15.25-16.50 for a move back towards 10.50-9.00. Due to timing and cost factors will not present LONG strategy.
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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.