NickCoulby
Short

USDTRY-- The fall from heaven

FX_IDC:USDTRY   US DOLLAR / TURKISH LIRA
557 15 10
Analysis on chart-- Check out user IvanLabrie's work and top notch signal page!
@ https://www.tradingview.com/u/IvanLabrie/
i guess you are not from turkey this is quite not possible
Reply
NickCoulby PRO Kabiastro
a year ago
I eat a lot of turkey
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NickCoulby PRO NickCoulby
a year ago
Anything is possible.. thanks for the comment!
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Kabiastro MOD NickCoulby
a year ago
there will be elections in november 2.94 is deepest level in short term, but your graph is quite long term. so in a short-middle term(in 3-4 months ) the value will go above your top of your trend line, then we speak again :)
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NickCoulby PRO Kabiastro
a year ago
Yes.. let us speak a year from today (write down the date and carry it with you always).
+1 Reply
Kabiastro MOD NickCoulby
a year ago
will do :=)
Reply
Kabiastro MOD Kabiastro
a year ago
By the way thank you for the graph good work of long term analysis :)
it's always good to see long term analysis when playing short term


USDTRY Target 2.94
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MustafaErsoy
a year ago
the chart is tecnically possible, but Turkish economy is not good and there will be an election again in one month. There are a lot of economics and political problems. There is no reason to fall but you can try your idea with pending orders. Turkish goverment want to try something and it can increase Turkish lira's value because of election . i will add pending orders.
Reply
IvanLabrie PRO MustafaErsoy
a year ago
Fundamental analysis is very complex.
That's why I weigh technicals more heavily overall.
+1 Reply
timwest PRO
a year ago
Here's a comment for you. You are showing i ii as larger in price than -1- -2-. I think it is more logical to assume that the count isn't quite as you have it labeled. It sure has been one massive rally (collapse in the Turkish Lira) in the USDollar and a correction does seem due.
+1 Reply
IvanLabrie PRO timwest
a year ago
There's a 9 year trend signal target that has been hit here.
+1 Reply
IvanLabrie PRO IvanLabrie
a year ago
snapshot
+2 Reply
EGS-zs8-1 IvanLabrie
a year ago
may god bless us ))have a good day
Reply
NickCoulby PRO timwest
a year ago
Hey Tim! Thanks a lot for the comment.. I think Ivan had much better coverage on this pair with a time at mode standpoint.. This count was just the only way that made visual sense from a traditional EW standpoint (not very Neely like).. I think the channel fade is very appealing as well, based on how many times both its midpoint and outer bands has been tested
+2 Reply
IvanLabrie PRO
a year ago
Amazing entry.
Reply
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