USD/TRY Overbought
Updated
There is no free money. There should be correction after parabolic move. Overbought at all timeframes.
Target 5 stop-loss 6.1
Target 5 stop-loss 6.1
Trade closed: stop reached
Note
Donald J. Trump realDonaldTrump"I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!"
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