Hello Dear Traders,
You find below my analysis for EUR/TRY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/TRY will rise to 10.11 as I am showing in my chart. Our Daily Goal is 10.125.
Currently,EUR/TRY is moving towards the support level of 10.05 where there is some liquidity, from this value...
It’s 2007, you are sitting at home watching the Eurovision Song Contest and this dude from Turkey, Kenan Doğulu, completely rocks the show with his song “Shake It Up, Şekerim (my sugar)”! Fast forward 14 years, a lot of shaking is happening in the Turkish Lira against which the Euro gained massively recently. As it stands right now, we expect the Euro to hit...
For demonstration and educational purposes only. Overall trend is bullish on higher timeframe. Previous month selling was anticipated correction. Note price is sitting at a key demand zone, 50% of previous impulse. Trade at your own risk, perform your own analysis, and use proper risk management.
EURTRY waiting to complete the " Cup and Handle " model, the price to buy is when it reaches $7,82500
EURTRY buy : $7,82500
EURTRY target : $8.28050
EURTRY stop loss : $7.70000 or $7.75xxxx (for margin) .
Wish you good deals!
wanted to share with you my chart Analysis. The whole first week of February saw EUR/TRY in a down trend, creating a triangle where at the base we have an area of confluence with the trendline formed in the begining of the year (9th of Jan). Week wise and day wise pair is in a long uptrend.
At the beginning of a Friday session (Europe) we saw...