U.S Dollar Based THYAO : Long
Updated
When we look at the stock of Turkish Airlines (THYAO) on an US American Dollar based, we see that we are just above the support.
The stock has not been able to participate in the rally on the Turkish stock exchange for several weeks.
Today's U.S Dollar / Turkish Lira rate of sharp decline and the acceleration of the decline in Brent Crude Oil, I think we will make a nice opening and can head towards the target.
The analysis contains a valuable risk / reward ratio and may be less risky in the following parameters:
Regards.
The stock has not been able to participate in the rally on the Turkish stock exchange for several weeks.
Today's U.S Dollar / Turkish Lira rate of sharp decline and the acceleration of the decline in Brent Crude Oil, I think we will make a nice opening and can head towards the target.
The analysis contains a valuable risk / reward ratio and may be less risky in the following parameters:
- Risk/Reward Ratio : 1/ 2.5
- Position Size : < %20 of Stock Portfolio and %1-%2 for Futures
- Stop-Loss : 2.19
- Target : 2.54
Regards.
Trade closed: target reached
Target successfully reached.Note
Those who want to take risks can set a value of 2.78.Because these points are also likely to be seen.
Regards.
Note
I think the value of 2.78 can be seen with 80 percent probability, the analysis is closed because the target is seen.If this conjunctor gives the opportunity, it will be shared as a new idea.
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.