Price made a fake broke of Mirror level 5,68 Daily chart is closing above it. Technically that the best signal that price will make up move to next key level 5,93 Fundamentally the main reason why USD/TRY will move up is: The Dollar becomes stronger against all major currencies (EURO, GBP, AUD, NZD, CHF). Push like and Subscribe
FX:USDTRY / Support Channel & ABCD Don't forget to use %2 Risk Management DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
FX:USDTRY / TECHNICAL CHART Thank you for support and likes. Feel free to comment below.
USD/TRY still hasn't found a strong support and thus, a move down further below is possible.
Historically USD against TL , if at the major top, it will dramatically drop back and can not hoover around the top. Hovering close to top is a sign that USd is forming a continuation pattern, probably a symmetrical triangle. Long term bulllish on USD/TRL
Price was around 4.66 when i notice libra and start to share it, Going so fast, and rectangles bottom fits to target, Lets see how its gonna play
USDTRY M30 chart /// Looks like a pennant formation in M30 chart If it works, it will try to break the price of 4.77 - 4.80 again. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not what I write. :) PS make sure you give me a like, If...
USDTRY H2 chart It may not be exactly like that, but it's the scenario. I think it will test the summit again in a short time. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
In the short term, the downtrend broke down and crossed the rise. I drew up the formation formation and possible movement. The output can be expected until weekly resistance.
This chart is an update to the USDTRY analysis below dated May 28, 2018. As you can see in the H3 chart, falling will seems to continue for a while. The target price is primarily 4.41xx and then 4.37xx It is necessary to pass the 5.50 for rising trend again ***This information is not a recommendation to buy or sell. It is to be used for educational purposes...
USDTRY H2 chart As you can see in the H2 chart, falling will seems to continue for a while. But with political reasons, the formation may deteriorate, it should be noted ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not what I write....
We will see around 4,20 record level in few days, after that there must be a down trend to 4,10 for taking a breath. After that I am expecting 4,35. Let's see how it will goes..
DB-Double bottom B1-Bottom1 B2-Bottom2 ST-Symmetrical Triangle