USDTRY : Long Setup

2020-01-01 08:30:01

Looking at the Turkish Lira's developing counterparts, it was very fragile in a quarter of time, and 10-year bond yields did not increase.(TR10Y)
This could make the Turkish Lira vulnerable to attacks.

https://www.tradingview.com/x/cKaxWlEe

Although this analysis includes a low Risk / Reward ratio, I have shared it as a roadmap for lower time periods.
Because the risk / reward ratio can be much more profitable in lower time periods.
For the detailed information of analysis, don't forget to look at the related ideas, I wish everyone a happy New Year.
Parameters :


Risk/Reward Ratio 1/1.17


Position Size : %1


Stop-Loss : 5.7997


Goal : 6.124


NOTE :
I'm still a fan of this analysis in the lower timeframes.
If I get a signal about this, I will definitely share it, and wish everyone a happy New Year.