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KhaldHegazy
Dec 4, 2022 8:47 AM

USDTRY 

U.S. DOLLAR / TURKISH LIRAICE

Description

The decline of the Turkish lira to areas of 30 liras per US dollar in the medium term, and thus wave number three Elliott Wave will end

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Comment

It has already reached the shaded area, and I think that the 27.2 area will be the end for it for a period of such years, followed by a correction, and then the completion of the rise again for areas above 40, but we will give some time to make sure of the 27.2 peak.
Comments
MinimumWagerLvl1
after few months it works perfectly. Thanks for keeping it updated. Central bank in turkey keeps printing money. Value of lira will reach to your targets very soon
KhaldHegazy
@abdullah77simsek, It has already reached the shaded area, and I think that the 27.2 area will be the end for it for a period of such years, followed by a correction, and then the completion of the rise again for areas above 40, but we will give some time to make sure of the 27.2 peak.
KhaldHegazy
@abdullah77simsek, that what i say from 5 days 27.2 was the top
MinimumWagerLvl1
damn you are like central bank! this was a great info to have. So you say that Turkish lira will stop losing it's value for the next few years. So that means there will be no inflation for the next few years. I am having hard time to understand as I have very low understanding of technical information. Please correct me if I am wrong. I understand that Turkish lira will be stable for the next few years. And 27.2 is the top. Can I say that for the next few years I will see the lira at 24-27? and after 2027 there It may go up to 40 50 levels right?
KhaldHegazy
@abdullah77simsek, Yes, I see that the 27.2 region is the summit for a period of years, and it will need after time for the possibility of re-testing the 27.2 summit again, and the course is accidental, then a correction for an area between 20 to , and from there, at that time, it will gather its forces to fly over a period of years to areas above . I hope I got you the information you need
KhaldHegazy
@abdullah77simsek, I apologize.. When I review the chart again.. I see areas 28 to 29 appearing in front of me. It is possible that it will reach it and this peak will be for several years to come. Let us give the chart some time to see if it is satisfied with the areas 27.2 or will it go to the 29 areas.
MinimumWagerLvl1
@KhaldHegazy, Most definitely you gave me the best information ever. It's very hard to understand the values as they controlled by the government. I will stick to this plan and follow to see how it works. Thanks for the amazing work you do here. It's not this but also your other analysis' are helping people a lot.
MinimumWagerLvl1
Just wow! Great work as always
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