Parabolic downturn or uptrend?

2018년 5월 27일

USD/TRY has been going parabolic for a year and look similar to Bitcoin however you can't necessarily relate crypto to currency. I do however feel that due to the news people may still want to invest regardless of the look of the chart. Not sure about long term as the government is trying to stabilize the currency. However short term I feel it will pull back towards the 4.27 area. In short, I'm short. Long term is still a mystery...unless you have enough confidence to gamble?