Triangle target zone wiil be reached next week maybe @night or @day. This strong mono wave can be reached its target. Watching carefully GooD Luck
megaphone formation in rsi yet the price action suggests a continuation of a healthy uptrend! difficult chart to play but lucky enuf the stops are real close... how do you trade the whipsaws?
Tom Demark count gave a green 2 on the monthly chart. This is a clear buy signal. This happens very rare on a monthly level. Green 2 on a monthly chart means we will have up to 7 months of uptrend. Weekly and daily charts confirms this as well. Previous ATH was 3.94320, I expect this will be broken soon, as double tops near ATH are unicorns. In the upcoming...
- needs buying interest. - may go up after holiday week. - target: above 3.00
Hola Amazing times. It started look like same to me. Volatility @ record low levels. Waiting to buy breakout strongly. It started to go down to low bollinger band. A few days or weeks left for breakout. Amazing times. It is so clear. It is coming.
USD/TRY 1H Chart: Channel Down The American Dollar is losing value against the Turkish Lira simultaneously in short-term and medium-term descending channels. Formation of the channel started after the currency exchange rate bounced off from a combined resistance level formed by the 55- and 200-hour SMAs. At the moment, the pair is gradually slipping...
With Price/Earnings of 9.3 Turkey is may be seen as good 'value' ...just ignore the other things like the impact of a failed coup, a weakening currency and a retreat by investors unnerved by political instability. That said, the market is buying, with MSCI Turkey up 11% this year, and testing its upper side of the trend channel. At $37 its looking to break,...
Since late January, the Central Bank of the Republic of Turkey has produced consistent efforts to stabilize the currency. This has produced tangible results with a upward correction although persistent political tensions. Erdogan's referendum victory is likely to be the most market-friendly option. A "No" scenario may lead to early elections and a period of...
A little scalping bat formation 15 minutes idea
Followed Good luck :)
I have the 1.618 extension from return expectations
We'll watch and see Good luck :)