on DAILY: USDTRY is sitting around a strong supply zone in blue and around all-time-high, so we will be looking for objective sell setups on lower timeframes.
on H4: we are waiting for a momentum break below 6.830 in green as our confirmation and trigger.
as usual, we target a 2/1 risk/reward ratio.
on DAILY: EURTRY is sitting around a strong supply zone in green so we will be looking for objective sell setups on lower timeframes.
on H1: EURTRY formed a head and shoulders pattern so we are waiting for a momentum candle close below its neckline to sell. (conservative)
Moreover, we are waiting for a new swing to form around our lower red trendline and then...
. There is a possibility of temporary retracement to suggested support line (7.4706). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EURTRY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Policymakers in emerging markets frequently complain that foreign capital is fickle. But foreign capital could be forgiven for having a similar gripe about emerging markets. On a conference call on May 6th Turkey’s finance minister, Berat Albayrak, was solicitous and reassuring, telling nervous overseas investors that the country’s dollar reserves were adequate...
usdtry elliottwave perspective view
Alternative 1) If it sees around 6.50 (green area) and turns up and is permanent on the red line (above 7.30), the rise started.
Alternative 2) If it falls below the green area, it sees around 6.00 (pink area), the rise begins. 7.30 is also important in this. 7.30 must be exceeded for real rise.
Alternative 3) Cannot hold in the...
Bitcoin BTCTRY düşüncelerim;
1)Sarı alanda aşağı veya yukarı yön kararı verilecek.
2)Yukarı çıkarsa Mavi alan karar noktası.
3)Mavi alan yukarı geçilmediği sürece Sarı veya Mavi alandan Yeşil alana düşüş bekliyorum.
With respect to my idea, Lira is going to collapse and it's last chance to buy dollar for the local investors. 2018 August was the 1st impulse, the final target is 13-14 area -not sure how quick it will be achieved though.
Oluşabilecek 2 geçerli senaryoyu sizler için grafiğin içinde belirttim. Ancak bu çok genel bir tablo ve günlük grafik olduğu için analizin ilerleyen dönemlerde güncellenmesi gerekebilir çünkü bam-başka sonuçlarda ortaya çıkabilir.
Bunun için dolarTL fazla gündemimizde olmasa bile analizde gelişmeler oldukça bunları takip ederek twitterdan bize iletirseniz,...
It has just surpassed the 6.79 level, and is now heading to the next level at 7.10.
The MACD is also showing us some bull strenght, and it the candlesticks were strong surpassing the 6.79 lvl (forming two white soldiers, on the 4H chart, and i believe it'll get to three white soldiers)
We can also see a strong bullish trend starting around the early days of...
USDTRY – Reuters’a göre IMF’den uzak durmaya çalışan Türkiye hükümeti, FED ile Swap kanalı kurma çalışmalarına başladı. FED’in bu tip bir anlaşmayı Brezilya, Güney Kore ve Meksika ile yaptığını belirtilen haberde, Türkiye ile de yapılması durumunda Türk Lirası için pozitiv bir haber olarak kabul edileceğini yazdı. Fakat Nisan ayı olması, S400’lerin Nisanda aktif...
Recognise that this demand for USD is squeezing USDTRY into the secondary macro swing targets at 6.60xx. This is completely inline with the forecasts and all those in leveraged positions are inclined to take profits. We are not out of the woods (yet) and large hands will continue to buy dips in USDTRY as long as we remain in risk-off flows.