The Turkish FUD Hype slowly faded off
The USD is strong against the Pound Euro Yen Yuan, but this is only because they have been devalued so much.
Turkey did not immediately go into a collapse, as usual investors have overreacted, now that I think of BTC it is the opposite where they undereact to every thing and happily let whales dump and they hold until they have nothing left XD.
The Lira went way down way too fast I guess, and things are getting a little better.
Hey, of course not as good as Erdogan was hoping for but he is insane, so it is not bad news that things are not as good as the governement predicted.
Looks like the hype has been slowly fading away, and I am looking at a dump in the next weeks.
Some reversal examples:
etc.
Good news everybody, there is big positive swap short, I think it is around 15% of the Daily ATR every day in our pockets.
If the price enters in the red circle here, it could be interesting to go short and hold that for a few months.
+ High RR
+ Turkey more bullish than scam monetary policies US & EU, I think investors overreacted to TR and undereacted to the US pyramid scheme verge of civil war situation
+ And also didn't realise the USD was only strong because of devaluated EURO etc
+ Price in distribution ABC top
+ Interest is very interesting, not as storng as it was a few months back if I recall, but still pretty good, probably it will get less crazy as the price drops
Turkey did not immediately go into a collapse, as usual investors have overreacted, now that I think of BTC it is the opposite where they undereact to every thing and happily let whales dump and they hold until they have nothing left XD.
The Lira went way down way too fast I guess, and things are getting a little better.
Hey, of course not as good as Erdogan was hoping for but he is insane, so it is not bad news that things are not as good as the governement predicted.
Looks like the hype has been slowly fading away, and I am looking at a dump in the next weeks.
Some reversal examples:
etc.
Good news everybody, there is big positive swap short, I think it is around 15% of the Daily ATR every day in our pockets.
If the price enters in the red circle here, it could be interesting to go short and hold that for a few months.
+ High RR
+ Turkey more bullish than scam monetary policies US & EU, I think investors overreacted to TR and undereacted to the US pyramid scheme verge of civil war situation
+ And also didn't realise the USD was only strong because of devaluated EURO etc
+ Price in distribution ABC top
+ Interest is very interesting, not as storng as it was a few months back if I recall, but still pretty good, probably it will get less crazy as the price drops
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