strong uptrend after break consolidation zone. We have now return candle with a good wick and a red candle that give us a signal for the beginning of the downtrend. In addition to the stochastic indicator that paves way for price After the strong uptrend. If you like my idea don´t forget support. Thanks.
USD/TRY now looks to the CBRT - USDS/TRY clinches the second session in a row with gains on the back of the continuation of the bid bias in the greenback, always amidst persistent risk-off tone and helped further by rising US yields. - In the meantime, the lira is expected to remain under scrutiny ahead of the interest rate decision by the Turkish central bank...
Been a great timing but after all that's how I try to stand out. Much of my audience is 'Crypto only', others are 'against trading with leverage' and the worst category is ' I trade leverage but I have no idea how to do it right'... All 3 categories have an EXPIRATION DATE: Crypto only will lack understanding of the markets and I'm afraid to say the x100 x1000...
The USD/TRY pair extended its dramatic turnaround from a record high touched earlier this week and continued losing ground through the mid-European session on Thursday. This marked the fourth successive day of a negative move and dragged spot prices to a six-week low, around the 10.20 region in the last hour. The pair, however, found some support at lower levels...
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...
An analysis alone does not reflect the facts. It is not investment advice. If the ABCDE Pattern seen here exceeds the 17.15 resistance, it is 18.38. If it exceeds the 18.36 resistance, at 19.51, the short-term echoylation period begins. We put the point between 21.74 - 23.41 and the retreat begins. When we examine the other economic factor, we see that the value...
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
the war in Ukraine caused faster correction in Turkey Stock Market. now we can find leaders to ride . BUT, Carefully......
Nice breakout here on Turkey ETF TUR and close above 30week MA I'm long shares Technically looks like Wyckoff accumulation pattern with "Spring" action in DEC and now entering phase D Expect a little LPS pullback , but I remain bullish above 20 zone. First target 24 zone, implies 30 , and a possible break there , well it's been resistance since JUL 18 so...
*****important- ***** thin line above price is the first target. thin line below price is support.. stop point. Fibonacci correction between the highest price and lowest fiat in the chart area are thick lines.. thick lines are hard support and hard resistances.. main target in fallen assets is the green line . decline in peak assets main target green line...
Stock investment SISE Turkey Stock Market, see the graphic explains everything
Turkey in financial crisis. if usd/lira cross 14.3, nothing can hinder it from 22 target rate. political disaster of President will cause huge inflation result in turkey economy.
USDTRY back to 9-9.30 area which converge with latest s/r flip line
According to new financial politics from president Erdogan, there is a chance to follow long therm trend short agains dollar.
Great trade that was again with a take profit hit at exactly 15,7 level as per our previous idea : News: Turkish inflation has reached its highest level since Recep Tayyip Erdogan came to power almost two decades ago as the president’s contentious economic management sparks a surge in prices. The country’s consumer price index rose 36 per cent year on year...
Hello Traders, I was away for a couple of months due to personal matters, but I am determined to support you again with my outstanding ideas in 2022. So let do this! A beautiful curve stick pattern is forming. Buy USD/TRY at 12.8 TP 1: 13.94 TP 2: 14.60 SL: 11.22 The Content is for informational purposes only, you should not construe any such information or...
Turkish Lira snapped a five-day rally yesterday, challenging government assurances that it’s on a more stable footing after measures were introduced a week ago to stem its collapse. After the Epic rebound last week the worries seem to be returning. As you can see on the chart, what used to be 3 Liras to a Euro became, 6 then 9 and now 12...after stopping first...