U.S. Dollar / Turkish Lira
After a longterm Anelising of fibs / HVF/ waves and other instruments, a came to this conclusion . It can take longer some longer , but not much .
giris 3.6050 ilk hedef 3.6692 ikinci hedef 3.7126
It looks like it has reversed from the strong support we have as per chart and RSI indicates oversold. Stop loss below 29 seems a safer option and uptrend will be quite strong. It can go up as high as 32 for now. Good luck and stay safe!
breaking the line above, will take the usdtry till 3.54 and it would be resistance, probably bearish move will start till 3.47 , if this senaryo not happen USDTRY is likely to move up till 3.60 - 3.70
I am looking to add more exposure to GBP investment, I already have Gbp/SGD now adding agressive to Gbp/Try
Chart is self explanatory - Now that we have hit that orange non-linear trend line we are very likely to see another move down ESPECIALLY given the extent to which the dollar is currently over extended.
We Know The TRY Go to an unknown location ,, So i Think This week will go Down to Demond Zone or Break it ,, So if You See Price Action its your call ... good luck .
Look low time frame GBPTRY - SHORT SETUP TARGET 3.50 #USDTRY #GBPTRY #BIST100
Oversold RSI combined with 0.5 Fib Retracement and Extention Strong past structure at that level + could be viewed as support level of a trend which started in late 2013 Brexit effectsdisappear, hopefully!! GL
USDTRY - EXAMPLE WYCKOFF`s MARKET PHASES
Potential long signal on daily chart. But better wait for daily price close. Also wait for doji complate or non...We have a long signal on daily chart. But on Monthly chart we have a huge bearish engulf candle. Keep in mind.
USDTRY 1D IDEA - Effect of Triple top pattern, Elliott waves + broadening patterns
USDTRY DAILY DRAGON, TRUNCATED 5th AB=CD and PRZ