As I told you. This target was posted 2 months ago !
Important ! Any SWAP agreement with international central banks, such as ( FED , PBOC ..) . or any IMF agreement ( even it's a very very weak possibility ) will make this analysis cancelled > This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price...
Hi all, That is not investment advice, All the details whatever you want is given linked below (19.12.2019) ---> price action is 5.91 and second link is date on 18 March 2020 (AB=CD confirmation) 05.05.2020 --> price action is 7.08x on USDTRY --> Crab is working on it on RSI ---> Cypher is working on it From now on especially from this week my main expection is ...
In my previous analysis, I said that the dollar will rise above 7 TRY and we are on the target now. We will see higher prices, my next target is 7.60 levels for the long term.
DXY Weekly Upside is 101.17 Upside target: 101.17 Floor price: 98.98 12:46:09 ( UTC ) Mon May 4, 2020
In my opinion BTCUSDT can retest the price range of 9k2 in the near future. Thanks for everyone who saw the article. Good luck
I expect the outflow of USD as stocks are sold to create support for the U.S. dollar and this risk-off will continue into the after-market hours of the weekend, with next week having a strong week for the price of the dollar index. 13:46:57 (UTC) Fri May 1, 2020
USDTRY TOP-DOWN ANALYSIS we are waiting for an objective break below our red or blue trendline to sell this one Reason: 1- Regular Bearish Divergence on MACD (in blue) 2- Objective Channel, still forming (in blue) 4- Supply / Round number 7.000 (in purple) Three confluences are enough to consider Selling USDTRY, after an objective break below our trendlines.
dont forget to place stop loss
DXY Post Fed Rate Decision 18:47:27 (UTC) Wed Apr 29, 2020
We have been observing a horizontal trend for a while in USDTRY.. In the four-hour chart, we see the ascending triangle pattern.. The falling wedge pattern is clearly noticeable in the RSI, and if the pattern works, the upward price movements may harden and the peak point of 7.20 can be tested.. Also; I think the reference values (54) and (45) in RSI are very...
Parabolic curve pattern on daily usd/try chart. "7.08" is the highest level on 2018 pump. Also RSI shows bearish divergence. "6.24" is my target.
The Lira is nearing its all-time wides relative to the dollar. The Fed’s foreign CB repos and swap lines can tame the USD a bit, but they can’t save the weakest EMs like Turkey and South Africa. Some of Turkey’s largest exports are cars, trucks, and vehicle parts (the 3 are roughly 14% of exports). COVID transportation pain not going anywhere... TRY is. (weaker).
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.
Candlesticks represent where price action opens and closes in a given time period.For example, when looking at a 1HR timeframe, each candle will represent 1HR of price action and also show where the opening and closing price of that hour was. Green candles show buy pressure Red candles show sell pressure. The larger the candle, the more variance in price...
A double bottom is simply the opposite of a double top . This pattern normally occurs during a downtrend and is a signal of a reversal of the downtrend toward an uptrend. It’s easily recognizable by its resemblance to the letter “W”. The initial downward move will find a support at the first bottom and then the price action will rally off the support to a...