Taking the deteriorating political and economical climate in Turkey into consideration together with strong DXY, first I expect a small pullback for a retest and a strong invalidation for downtrend and beginning of highly anticipated bullish rally. A resultant median of two scenarios is also highly possible. Not financial advice. DYOR & trade responsibly.
I think create a long position because
- RTE factor
- Cyprus oil Problem
- Kurdish (Syria) Problem
- Economic indicators
- Graph indicator / Technic Analysis (StochRSI + MACD + Mov50 + TD)