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StefanBode
Apr 25, 2019 10:42 AM

USDTRY - TCMB Meeting - Next Devaluation? Long

U.S. Dollar/Turkish New LiraFXCM

Description

In 15 minutes is Central Bank meeting in the Republic of Turkey!
If the TCMB leaves the interest at 24% or possibly lowers it then threatens in my view, a rapid devaluation with new highs from the perspective of the USD / EUR or new lows from the perspective of Turkey.
I have prepared the following Trading plan.
If 5.9066 fall then new highs are very likely and I will try as well as possible to trade it.

Greetings from Hanover, Lower Saxony, Germany

Stefan Bode

Trade active

50% of my trade already sold and 3% portfolio growth genialized.
The rest is well protected in profit at 5.923 with SL.

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Comments
IgorPorokh
@StefanBode Buddy cool idea. Thank you very much, make more graphs, cool to do analytics
alpasch
10 can be seen if the Devaluation comes. Everything is ready for it. :(
bad news for us,good news for FX-Players.
etherique
@alpasch, dont wory there is still time for 10 , i dont agree with this analysis, we are still in a BIG B wave, these waves marked 1 are clearly 3 waves , they are choppy and corrective. Ekonominin cokmesine biraz daha zaman var dostum.
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