ew-forecast
Long

USDTRY Trading In A Three Wave Movement

FX:USDTRY   U.S. Dollar / Turkish Lira
On the 4H chart of USDTRY             we see a completed first leg as in red wave (A) of a bigger three wave correction that started from 2.7573 low. That said we are now tracking a three wave movement in red wave (B) that seems to be in final stages and could be completed in session ahead. We may expect a reversal to the upside at 50 or 61.80% fibo. level of previous five wave sequence of red wave (A).
Our FX-online Service: https://ew-forecast.com/

Intraday Active Crypto Updates
https://ew-forecast.com/crypto_currencies/

Thank you for all.can you geve gbp/ytl and euro/ytl..
Reply
very good analysis thank you, what do you think about interest rate changes in december, how it will affect USDTRL ? increase till 3.1x ?
Reply
Yes to around 2.838-2.828 area. At that level we assume that black wave C will be completed. And further more 61.80% fibo. level is an ideal turning point for Wave b.
+2 Reply
DownUnder ew-forecast
pushing the limits right now, lets see how we go, can we make a return back up....
+1 Reply
Let's wait and see. Hopefully we go up. If not, we would then modify our wave count.
+1 Reply
bilk29 ew-forecast
euro/Ytl what do you have..thank you.
Reply
So we should now be going down to Red wave (B) 2.828x bottom and then back up towards 2.92xx ?
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out