Hello everyone. This is my very first idea in here. I hope I am not that high. Be careful I am not professional by the way, it's just an observation. Any comments are welcomed.
In the long run, USDTRY is under the influence of the rising trend and we support it when we combine wolfe 1 and 4. But the formation of resistance and consolidation zones can keep the investor waiting. On the other hand, So the value given to 0.618 is ideal for me to first sell or gradual sell .
If I do not like short-term earnings in general, we would use the wolfe wave in 4h chart: Target: The green line is where the price cuts. Stoploss: 3.52
the ongoing consolidation process in the triangle for a long time is coming to an end now target's 4,xxxx
Kisisel tahminimdir. YTD Degildir. Konunun uzmani DEGILIM. Bilen ustadlar yorum yaparlarsa sevinirim.
After the referandum side it has been a gap but it filled quickly. Now, there is there is up trend and demand zones support it. Orders will take 2-4 business days and Risk/Reward ratio is fine according to this. Cheers!
Supply zone failing, pressure up, no supply above to stop the price
giris 3.6050 ilk hedef 3.6692 ikinci hedef 3.7126
HI GUYS TODAY THIS IS MY IDEA ABOUT USDTRY IF THE PRICE BREAK 3.74768 THEN WE WILL HAVE HEAD AND SHOULDER PATTERN(BULLISH)
USDTRY is in a very strong uptrend since ever :) And looks like it is correcting, and getting closer to a possible PRZ, where i am looking to go long for a trend continuation trade. Like if you agree, follow and support! Here you can see my whole watchlist: www.youtube.com
Can test after Yellen 3,75 then will choose to go to 3,90 or 3,66 again, its my first idea, dont invest with this idea please
Spotted a good potential safe long on USD/TRY
Watch for 24 JAN and 27 JAN there can be huge jump after CB and Fitch decides
In last 20 days, central bank reserves decreased 118 billion to 92 billion. Even in low volume days it didn't push it down. I think it have to break resistance in this week maybe there can be a goodbye kiss to support line :)