DXY tepki alımları alsada genel dxy trendi aşağı yönlü. Dolar tl paralel kenar üst sınırlarını test edicek ve kritik bölgede bulunmakta eğer kanal üst sınırlarından tepki yemesi halinde 1w/1mo. sfp oluşturabilir ve kısa-orta dönem düşüş trendi başlatabilir eğer kanalı yukarı yönlü kırması halinde bir başka s/r flip gerçekleşecek ve parabolik gitme şansı var....
Usdtry at the one hour candle the view it have two case or two possibility:
So due to the chart (resistance zone) :
Entry: stable above resistance zone 8.67
Tp.: 8.720 & 8.7800
Entry: stable under resistance zone 8.640
Tp.: 8.580 and 8.520
Note: i expect the downward possibility is more available than upward
The upward movement is breaking its resistance of 8.50s price level. Looking at historical data, it only means that we are looking at new records soon. I also foresee a retraction to current levels, just like it happened in 2018.
First goal is 9. Then a retraction to 8.60s levels. Then all the way up !
Sorry for the poor drawing by the way. I think the idea is...
The Short to M/T"s crucial level is 8.5,
sustain trading above this level we may see
9 or higher.
Failure to comfortably penetrate up and
sustain trading above 8.5 leads to 6.5 area
during the coming months.
TRY 11 - 11.50 should be followed as a strong support for SOKM whereas 13.19 and especially 14.72 is being a strong resistence. If SOKM is able to break above, investors should aim for new all time high which is TRY 18.00.
This is not a financial advise.
SOKM için takip edilmesi gereken destek bölgesi 11-11.50 lira iken, 13.19 birinci direnç, 14.72 ikinci ve...
Hi, my name is Shooter_Forex .
USDCHF Demand Zone D1 + Reduction structure model. Sell Limit
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital (4% / deal)
I posted this long Idea based off this green trendline shown, back in February.
Price reacted to that level, but more importantly are the Macro events in Turkey at the moment.
I see the trade long. I have highlighted a 2:1RR with 1% Risk.
This is a 12 hour chart...I am stepping back in timeframes to wash away some of the silliness in the market, it's helping.
It is pretty debatable but lira may hit an ATH or at least lira had a local top. The fundamentals are bleak or against the lira but US dollar's depreciation has a limited impact on the trend.
Moreover, Wyckoff's schematics, in particular distribution, supports the idea.
7.15 will be a quite important support. 6.07 and 5.12 will then be important levels to follow.