Following weekly chart. RSi bounced from 60', this is clear short signal for me till 7.93 & and 7.638 Following 7.85 for SL
Hi, Price is ready to drop after breaking the ascending trendline...in H4 TF it looks like we have a double top too. Use proper risk management!
I think the price can go back to 8.5 first Then Decrease and reach the rate of 8
After breaking the Kijonsen base-line and reaching Kijonsen-103, by breaking this line which is displayed in red. I also expect to cross the Ichimko cloud in the short term to reach the resistance level of 8.42 to 8.43.
as it shown in the chart 3 time usdt attempt to cross the 4.92 resistance and eache correction happend at higher low it means that usd dominance power to cross the 4.92 is growing so i hope we will have awfully bearish market for next few days "not suggested to buy or sell"
USDTRY SELL SIGNAL : REASONS : FOLLOWING A NICE PATTEN TREND TP : GREENLINE SL : 8.80000
Usdtry can get the uper of the last highest, so now in the resistance line i think will get downward till 8.67 and 8.57 —— Tendency:downward Entry: 8.77 Tp.: 8.67 and 8.57 Sl.: stable into the upper channel
There is a rising wedge in USD/TRY chart. Be careful!
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET...
My primary idea is long because it gets support from the supdem area. The next breakthrough will be determined by the speech by Fed chair Powell. If you find my analysis useful, you can support it by liking and commenting.
Hello everyone Hope everyone is good having a good week in the markets... here's an idea on the DOLLAR/ TURKISH LIRA. * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly...
Uptrend channel has been broken, will short here. TP1- 7,40 TP2- 7,33
HELLO EVERYONE Hope everyone is having a good one as we head to the next week in the charts, Here's a look at the DOLLAR / TURKISH LIRA FROM A 4H perspective * The pair has been on a down trend in a descending channel structure that has been respected. * Currently range bound in a symmetrical triangle structure which could breakout in either direction so price...
Shorting USDTRY @7.43 Interest rates are very high (17%), therefore it seems unlikely to break the 7.44 resistance. The Chief of Central Bank says that they can increase the interest rates if foreign exchanges rise against Turkish Lira.
If the rising wedge will be broken, I will go for short until 7.20-7.25 support level. Stop loss above the resistance line.