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wsbza

Possible Long Term Structure

Long
U.S. Dollar / Turkish Lira (FX_IDC:USDTRY)  
wsbza Updated   
FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Wave Analysis Elliott Wave
7
14
trendanalysis waveanalysis elliottwaves
Note
  • RSI peaked at wave (3) high
  • wave (3) equals to approx. 4.236 times the length of wave (1)
Comment:
Daily Chart
snapshot
I am inclined toward bullish '1-2' case as long as price remain above the wave 1 high at 3.982
alternative count suggests a zigzag wave B followed by another wave C fall
Comment:
preferred count in blue, alter count in green
snapshot
Comment:
triangle wave 4 in the making?
snapshot
Comment:
snapshot
prefer count in red
Comment:
still going
snapshot
Comment:
such a strong move, is red wave {iii} done?
snapshot
Comment:
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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