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Erdogan

World Cup of Leaders - Road to Disaster or FreedomThere are similarities with Venezuela. It's look like Trump and Israel doesn't wan't to loose power in middle east. They are some good projects like: *new silk road to istanbul *drilling for oil and gas near Cyprus in the near future Battle cards tell you truth. Turkey+Russia+China+Iran have now more power and control in middle east. Trump + Israel have more finance and weapons. 2019/2020 will tell us what will happen next. It's Endgame and there is no more time left to try again. 2020-2025 are critical years for world freedom. Gold, Silver, Crypto will skyrocket this year.
Long
by hypercraft
2
Disaster cooking in Turkey=> For those who believe in the bearish Turkey story, we are in the early stages of a 5th wave which we mentioned in our previous ideas... it can be seen clearly here and shows how the floodgates for the highs are wide open. From a technical perspective the 5th wave target, the first major target is 7.85 (assuming wave 5 is a 1.00 ratio in length of wave 1). Given the nature of this rally so far there is a very large chance this can extend well beyond the initial targets as far as the 2.168 extension above the highs. It is also worth noting for those following EW that the 5th wave usually marks new highs... confidence in this view will increase above the 161.8% so for those wanting a less aggressive entry you can sit tight and watch closely and good luck to those wanting to pull the trigger early for the next few Quarters in 2019. This is going to be a monstrous move and worth tracking for those interested in watching the EM collapse continue.
Long
by ridethepig
15
Impulsive move in play for USDTRY Here we are witnessing a very interesting move taking place for the Turkish financial system. After finishing a clear corrective ABC sequence since the August highs we are now in the early stages of an impulsive move to finish the more broader 5th wave in a very large sequence. For those tracking the updates in USDTRY in the previous charts (see attached: "Starting 5th wave looks imminent..") this is the move we have been waiting for over the last few months. Finally it is here, time to stick the knife in and cause maximum pain for Turkey. The fact that we are rallying in an impulsive manner means we are going to eventually crack 6 + and possibly even 7.80 Continuing to watch with interest, all positions are fully loaded here as has been the case for months. Time to sit on our hands and enjoy the moves. Thanks
Long
by ridethepig
USDTRY: Resuming the uptrendDear traders, it seems like it's time to reenter USDTRY longs. Now with price moving firmly back above the (fake)coup key level, I think it's highly likely to see the dollar rally resume, against the fundamentally weakened Turkish Lyra. My signals group is long for a day already, from 2.9920 with stops at 2.9707. We're looking to add to longs here, and trail our stops up gradually. You can take the long here and use the stop and take profit depicted on chart. Risk 0.5%-1% on it. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by IvanLabrie