Hi everyone! I think USD/TRY pair is ready to small growth. The arrangement of the next amounts is about 0.5 according to Fibonacci from the previous falling. Therefore I expect growth at least to level 7.7690. Thus the price will go to check of resistance. Bought on 7.5707 TP = 7.7690 SL = 7.5036 (below the last minimum). Information provided is only...
USDTRY made a sharp five-wave impulse decline from 8.58 high. According to Elliot Wave theory, a three-wave correction follows every impulse pattern. In USDTRY's case, the correction seems to be unfolding as a simple zigzag. We have the wave "a" and wave "b" seem to have completed as a simple zigzag. If this count is correct, the price should resume higher in...
fake break and the first goal is 8 and the next goals are 9 and !
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📌 Turkish Lira for the Yearly Close The strong points of the rally which we went into more detail was an absolute momentum move; the flow was a force to be reckoned with and undermined all sides of the Turkish banking system, collapsing like a house of cards. After 2019 the helplessness of Turkey's Erdogan was quite something. My dear readers, populists...
BTC fell with expanding trading volume, paying attention to the support situation at 18,000. According to data from the Huobi, BTC continued to move sideways with shrinking trading volume, and fell with expanding trading volume in the morning, reaching the lowest 18145.88USDT. This is the first time that BTC has broken through the 18500 support position since its...
~1 year ago I've noticed this arc trend but I didn't want to share to manipulate minds which can boost movement. But, these days, I started thinking that the more people see this, the more likely it won't be happen, and I decided to share it. As you see, whenever it touches to arc, price makes a sharp jump. The first target seems to be around 8.50. As a profit...
its hard to tell but the last wave seems like a Temporary trend.So watch the channel and becarefull bodies.
USDTRY - LS MASTER TRADING SYSTEM
Here is mid=long term Elliott Wave count of USD TURKISH LIRA I ll keep updating this.. Please keep supporting me with likes and add me to see updates
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...
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.
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We're ready for a cup and handle. RSI break the trendline. Target and SL is on chart. Wait for the end of 4H candle to decide to go or not.
USDTRY 4H Strong Buy TP1: 6.87400 TP2: 6.92330 TP3: 6.9990 TP4:.7.16756 This is not investment advice Obviously I do not use sl , adjust according to your own account
I would consider buying USDTRY before the European session starts tomorrow morning 6-7 am UTC when spread is the smallest. The move is likely to end CAM R5, we broke the April roof. By the end of April we should be at ca 7.255. There also other technical reasons for this on which I will not elaborate. This pair has very high spread in the night and it will not...