USDTRY - Elliott waves All Times...IDEA
Entry point must be broken and need a confirmation from 1h or 4h chart.
USDTRY - Ascending Triangle, AB=CD, Head and Shoulders 1W IDEA I think there is a 3 target point. First target 3.0920 Second target 3.1455 Third target 3.1735
USDTRY Continuance, maybe... There is a political games in Turkey and region. Keep following crude also.
If I am wrong please correct me....
FIRST TARGET 3.07 THERE IS A RESISTANCE. WE WILL SEE BREAK OR NOT...
I had a request from a friend to analyze USD/TRY: On daily perspective I saw a nice classical Elliot Wave with double zigzag till point E correction waves. Before starting the analyze I want you to eliminate the harmonic pattern that I draw there; First we start with trends and the potential of opening trade. PA (Price Action) creates trend and trends give us...
As you can see by my chart, every time the price has hit the top of the linear regression, and 0.04 on the MACD, the price has reversed back down again with the CCI, DeMarker and Stoch RSI gradually falling back into their respective channels. Without consideration of any further shocks to the market, I think that political instability, the conflict in the south...