Usd Jpy Sell Swing Trade Please Use Proper Risk Managment And Have A Patient Usually I dont Use Stoploss For My Swing Trades
Kur krizinin başlangıcına sebep olan GAP kapanmış durumda, Faizlerin tekrar yükseleceğini düşünmek için erken, öncelikle yatay çizgi ile görünen direnç var, Destek olarak da trend çizgisini takip edeceğiz.
USD/TRY daily chart.
On the Turkey side we have updates coming from the local banks, a lot of interest in USD exposure as TRY is set to suffer further via spillover effects. The EM FX is all centred around coronavirus flows and the knock-on impact this will have on global growth, here looking for a dip back towards the lows, a fresh sweep would make it very easy to trade going into...
Turkish Lira has finally broken above 5.8 resistance level. Now we can expect further bullish continuation to higher structure levels 5.85 5.90
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Turkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity. Entry: 88500 SL: 83400 TP-1: 98900 TP-2: 103900 TP-3: 108900 R/R: 4 Please let me know if you have any...
Unfortunately the break happened on a Friday. Will be looking to enter this trade next week as I do not want to hold over the weekend in this type of macro environment. First of all in terms of market structure, we had an uptrend with defined and multiple swings. What we look for. Then we stopped making higher lows and began ranging. We thus have seen 2/3 ways of...
Buy USDTRY Around 5.8245 Stop below 5.7888 Target 5.9200 With all the ongoing drama we are looking to go long.
Nach dem Ausbruch aus dem Abwärtsdreieck pendelt der Kurs leider seit mehreren Tagen um die 6.50 herum. Die fehlende Dynamik lässt meine "Conviction" etwas schmelzen. Dennoch bleibt bis auf weiteres das Long Szenario weiter aktuell. Die politische Lage ist weiter sehr undurchsichtig. So unangenehm es klingt aber der erste Impuls, dass der angezettelte Krieg...
Maybe not the most popular trade idea given what is occurring with Turkey geopolitically, but a good set up nonetheless. Been in a downtrend with multiple waves, and we hit a support/flip zone which can be seen by going further back or on the daily chart. A double bottom indicates a possible exhaustion of the trend as no new lower lows have been made. I am...
USDTRY could move a tad higher to complete minute wave 3 near 6.1358 before correcting lower. Minute wave 3 is part of minor 3, which is part of intermediate wave 3. The latter has projected target near 7.25 Look for a valid breakout above minor 1 at 6.0373! Should prices move below 5.6343 low bears would gain more control? Early invalidation signals near...
The USD is strong against the Pound Euro Yen Yuan, but this is only because they have been devalued so much. Turkey did not immediately go into a collapse, as usual investors have overreacted, now that I think of BTC it is the opposite where they undereact to every thing and happily let whales dump and they hold until they have nothing left XD. The Lira went way...
Downtrend line started in July 30th (orange) is still working neatly. Second time value touched to orange resistance on August 8th, steep downfall has been started. Now 96069 is a very important support. I think that support will stand still against the fall and bounce the value upwards. Tomorrow we can see just a little bit more downmove and than a steep move to...