Forget the rush to safety, the USD will break. It has to break because the whole world depends on it for liquidity. The greenback must crash as a #coronavirus safety valve. TRY averaging with positive swaps. Short the double bar bear reversal pattern with high trading volumes until it breaks!
USDTRY 4H Sell and Buy Setup Short idea: TP1: 6.55400 6,54000 TP2: 6.44000-6.45000 This is not investment advice Obviously I do not use sl , adjust according to your own account
Dolar TL 6.5TL de direnc görüp tekrar 6TL'lere gevseyebilir. Sonrasında 7 TL görülebilir. Fakat yaklaşık 1 sene sonra öyle bir düşüş dalgası olabilir ki 3.5TL'den 7TL'lere cıktığı gibi düşüş rallisi yapabilir. Unutmayın bu sene öyle bir sene ki yıllardır beyinlere yerleşmiş her ne varsa yıkılma zamanı. Finansal piyasalarda sok üstüne sok görme zamanı...
USDT has enourmous value which means that the prices arent sustainable, because of upcoming Halving scheduled for May 12.th. I personally think that this #btc price range won't be sustainable even if wales and sharks are flashing market trading on high levels between themselves and creating prices which enables them to reset altcoins even if not making money on...
POSSIBLE CORRECTION AT 6,1940. LONGER TERM LONG POSITION STILL IN PROCESS.
USD/TRY Trading Plan SELL = Risk Reward 1:4 - Counter Trend
On the Turkey side we have updates coming from the local banks, a lot of interest in USD exposure as TRY is set to suffer further via spillover effects. The EM FX is all centred around coronavirus flows and the knock-on impact this will have on global growth, here looking for a dip back towards the lows, a fresh sweep would make it very easy to trade going into...
Evidence of wick exhaustion. Watch for break of trendline as noted for possibly sell to zones as shown.
FX:USDTRY OANDA:USDTRY FX_IDC:USDTRY
This idea is for demonstration and study purposes and does not constitute a signal to sell. Based on recent history price action shows evidence that a deeper correction could be imminent. For a safe entry, watch for breakout from ascending channel and a possible attempt to re-test. Sell to the next key zone represents a possible 140 pip gain. Trade at your own...
USD/TRY has a bearish divergence at macd histogram on daily chart. Profit Targets 5,85 5,79 Stop loss: 5,99 Have a nice day, Berk
This trade idea is for demonstration and educational purposes only and does not constitute a signal to enter an order. As we look at this pair, we see that price exhibited a strong break to the upside out of a bullish pennant as noted. Price is approaching a key zone in the market. According to market structure we can expect a slight pullback. As I study this...
expecting USDTRY pair back to 5.68. good luck.
Although the previous analysis did not follow the current exchange rate movement, I still maintain the findings of my previous analysis. The following figure shows the following fractal rules. The yellow rectangles show the rising fractals. This indicates that the rise in the exchange rate is down 3-2-1. Meanwhile, the size of the falling fractals indicated by...