Altının satış baskılarına dayanamaması, alt likiditelere gitme olanağını arttırıyor. Bugün sert bir satış yedi.(günlük kapanış gelmeden bir şey söylemek zor fakat satış hacmi fazla) Altta gösterilen bölgelerden güzel bir alım noktası bulunabilir. Oradan alınan bir işlem sonrasında ise trendlere retest vermesi beklenir ve muhtemel düşüşüne devam eder.
the price now at the sensitive zone if break to down will be down and also if break to up will try to get upward
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RED ZONE ( 14.80 - 14.85)
~Above the zone will be upward
~Under the zone will be downtrend
The Turkish Bubble. How it formed and why it will probably keep deflating for years to come.
In short, Turkey was motivated to modernize its economy in the wake of Greece's adoption of the Euro which solved Greece's inflation problem overnight. Turkey proceeded to revalue its currency essentially by removing six zeros from its banknotes. It also made a pledge...
Us Dollar vs Turkish lira, now it look to the new direction by breaking 13.82 will be upward.
But under 13.00 will be downward ....
Upward: above 13.30
Tp.: 13.60 & 14.20 & 15.5
Sl.: 13.30
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
Here we go again!
I see more downside for the Lira, tough times indeed.
Notice the breakout of a wedge pattern.
That is my thesis. Good luck out there guys.
1% Risk 4:1 RR
As for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it.
Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3.
If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3.
For Educational Purposes Only.
U.S dollar vs Turkish-lira, the price can stable at this zone above 13.50 during a week , so I expect will make a retest till 13.5 from there and then again to upward by breaking 13.76 will be a strong uptrend
Economists look for further sharp Turkish lira depreciation. They forecast the USD/TRY above the 20.00 level in the second quarter of the year.
𝐓𝐡𝐞 𝐧𝐢𝐠𝐡𝐭𝐦𝐚𝐫𝐞 𝐚𝐟𝐭𝐞𝐫 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬:
“We think that USD/TRY will rise to 16.25 by end-Q1 and breach well over 20 in Q2. However, this is when we expect the CBRT to start tightening, which should help bring the pair down to...
U.S. Dollar vs Turkish-lira, still now is upward, because of the Turkish politics don’t have any substitute to drop turkish-lira,
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Tendency: upward
Entry: above 13.50
Target: 13.85 & 14.28 & 15.50
Sl.: under 12.35
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Us dollar vs Turkish-lira,
Now it try to touch 12.69 again will try to upward.
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Tendency: upward
Entry: above 12.63
Target: 13.44 & 13.85 & 14.28
Sl.: under 12.35
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