Looks totally clear... Indicators are getting ready to smash Turkish Lira more... Macd on the weekly about to move to positive territory... Resistance from that trend line will break and pump the price up...
About ROC Strategy : Go Long when the ROC crosses above the Value of '0' Short when the ROC crosses below the Value of '0'. The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The ROC property of 'Period' can be changed for testing purposes using the available ROC 'Factor' Important Notice...
USDTRY has a weekly resistance at 6.87673. After breaking that resistance, USDTRY will move through 7. Also 0.236 Fibonacci level valued at 6.9729 is another important level for USDTRY. Thanks you all. Have a great week. Feedback always appreciated.
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.
You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my...
Coming into the Asian session, I will be focused on 97.74 to break, which i highly suspect won't. Mostly likely this will range and reject 97.5 (key-level) at least until the first bit of price-actioon comes into the market for the U.S. dollar. Once this 4-hr descending trend-line is broken, I expect 98 to be met soon, with 100 & 103.5 as upside targets (weekly timeframe)
What to-look for ? Follow up the trend and seek for possible position entries. Set that yellow triangle as your safety stop. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Basitlik en iyi ve kararlı analiz şeklidir. Grafikte de görüldüğü gibi düzeltme beklentisindeyim. Pandemiden dolayı oluşan düşüşün yukarı yönlü düzeltmesi tamamlandı diyebiliriz, sırada bu soluksuz yukarı çıkışın hafif bir düzeltme yapması. Bunda en etkili olan şeyler sırasıyla; Kar alma, yabancı yatırımcı kaçışı, MSCI'ın üstümüzde kurmaya çalıştığı baskı, 2....
DolarTL 1 saatlik grafiğe göre konsolidasyon yapmış durumda. Günlük ve Haftalık grafiklere bakarsanız orda da sıkışmalar yaşandığını görebilirsiniz. Bu sıkışmanın yukarı yönlü kırılabileceğini rahatlıkla söyleyebilirim. Bunda etken olan olarak Türkiye piyasasından kaçan yabancı yatırımcıların yüksek etkisi var. Önümüzdeki 10 günü(25.06.2020 - 04.07.2020)...
USDTRY is sitting around a strong supply zone in blue so we will be looking for objective sell setups. this one formed an objective channel in red and broke its lower red trendline downward, but we didn't sell yet, as we are waiting for a momentum candle close below its last swing for more confirmation. we also have a regular bearish divergence adding more...
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📍 The panic leg here is because we are reaching the endgame in the economic cycle. There is a risk of Turkish banks defaulting on this leg so watch-out for any exposure to specific sectors. If the operation demonstrated is a successful attack, then we have the final ✅ for those trading the macro move called last year: EM FX looks extremely vulnerable for any...
on DAILY: USDTRY is still trading around its all-time-high so we will be looking for objective sell setups on lower timeframes. on H1: USDTRY formed an objective channel in red and it is approaching a minor supply zone in blue so we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell. meanwhile, until...
Did The Turkish Stock Market Correction Vanish or Is It About To Happen? The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
RSI Divergence is observed and RSI Value is below 50 and may decrease to even lower Colored Directional Movement Indicator -shows that trend already reversed few bars before -but the strength of the trend slows down and does not really give any idea of the direction of the trend for the moment (even if negative direction index > positive direction index for...
I believe this pair will be going up. It is at a great level and seems to be showing bullish signs.