USDT Dominance is at a decisive point. Multiple Rejection candles will lead to a rally across the market. BTC could hit $23k+ and alts will follow, probably a green week. However, a close above the resistance will lead to a correction. Important area, stay vigilant. CONCLUSION:- Close above 7.28% will trigger short entries across the market. Close below 7.23%...
Trade Idea: USDTRY Reasoning: Selling resistance, nice risk reward Entry Level: 17.3623 Take Profit Level: 17.3012 Stop Loss: 17.3778 Risk/Reward: 3.94:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
Economy keeps crashing in the hands of "strong man" Erdogan, who has fired every Head of Turkish Central Bank who tried to stop him fulfill his own Turkish Dream of hyperinflation in which business is no longer possible as the cost of imports and commodities rises daily. Erdogan's genius policy in a world where growth and investment is stalling is to keep slashing...
USDTRY tendency upward Entry: above 17.28 TP: 17.40 & 17.60 & 18.20 sl.: 17.02 risk 2.0%
Trade Idea: Trading the range for USDTRY Reasoning: Selling at resistance level - targeting support level Entry Level: 17.2892 Take Profit Level: 17.1847 Stop Loss: 17.3214 Risk/Reward: 3.25:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
- Do you know what happens when something push too much ? it reverses and goes down. - Sir Fibonacci said one day : " When u launch a coin to the sky, it takes speed, then it stops, then it goes down more fast than it went up " - if USDT grab more Dominance on Cryptos Markets, it would mean we are rolling back in the...
Hello traders and arkadaslarim, Everything is clear on the chart for you like always. So monitor the price's action in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
The USD/TRY pair extended its dramatic turnaround from a record high touched earlier this week and continued losing ground through the mid-European session on Thursday. This marked the fourth successive day of a negative move and dragged spot prices to a six-week low, around the 10.20 region in the last hour. The pair, however, found some support at lower levels...
Here we go again! I see more downside for the Lira, tough times indeed. Notice the breakout of a wedge pattern. That is my thesis. Good luck out there guys. 1% Risk 4:1 RR
There is 4h RSI bearish divergence. I think this region is local top. Next station is 13,5 for 3 months. DXY is top, USD/EUR top, Now DXY should decline.
As we can see in the chart, the probabilities are listed. Weekly close area and on the other hand weakness in the process
As for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it. Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3. If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3. For Educational Purposes Only.
In long term USDTRY analysis, we got Fibonacci resistances at 17.44 TL, 27.71 TL and 38.52 TL. If we go down EMA's can hold us.
Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. In scenario 1, we can...
The price for USD/TRY drew the interesting schedule, but correction is not ended. I expect continuation of the movement up in the short term to the level 15.19 where the next resistance is located. Purchase at the current price. TP = 15.17. Information provided is only educational and should not be used to take action in the market.
USDTRY tendency upward Entry: above 14.85 TP: 14.90 & 14.95 & 15.30 sl.: 14.83 risk 1.5%
USDTRY- 28Apr2022 On the H4, price once again bounced back strongly from the interim resistance-turned-support at 14.7500. If USD continues to strengthen, we could expect USDTRY to bounce higher to 1st Resistance at 14.8800. Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
Not a lot of people trade USDTRY. If you are one of them, maybe you want to consider long positions. I am long on this pair. Price failed to break below major support and my fav indicator, stochastic is turning bullish Long positions at market this morning Stop: 14.5414