EUR/TRYThis move looks too good to be true. But what I am testing here is the power this Pair has against this bullish EUR. Educationby bxolelo4
EURTRY - 240 - A bit of room for some downsideQuick idea. EURTRY is near its key support, which if breaks, it may clear the path towards the medium-term tentative upside support line. We will consider the downside only if we see a drop below roughly the 6.5057 level. For now we remain neutral and continue observing the price action. Please see the chart for levels and targets. Don't forget your stop-loss. Shortby JFD_ResearchUpdated 9
Watch for downside consolidation breakout in EURTRY and USDTRYThere is a potential to trade a downside breakout of the consolidation (lira continues to increase) into wedge/triangle support. The price target is the rising trendline on both the USD/TRY (near 5.75) and EUR/TRY (just above 6.4). A stop loss goes above the consolidation. The reward:risk is 1.25:1 to 1.5:1, but over a week or two the rollover would add to the potential profit. The Turkish lira interest rate is 11.25%. The US rate is 1.75% and the EUR rate is 0%. The short trade picks up the interest rate differential. A long trade pays the interest rate differential. I am not interested in the long, only the short, if it materializes.Shortby CoryMitchell-CMT226
EUR/TRY needs to buy fuel from lower pricesThe main trend is a very strong upwards however it's time to take some fuel from lower levels. Entry: 6.593 Stop: 6.63 Target: 6.52 Have a good week.Shortby UpbeatFXUpdated 7
EUR/TRY trend turning upwardSuddenly, the Turkish lira is experiencing accelerating weakness. EUR/TRY, for example, has been spinning higher lows and higher highs include this week's fresh breakout. These runs usually continue until some dramatic flourish with the Turkish lira losing a LOT within minutes. I won't be surprised to see a 10%+ move in the coming weeks. Note that those climactic moves are often fadeable. Longby drduru4
EURTRY 6 DEC 2019 SHORTHello everyone i see bearish trend on EURTRY Happy trading to all! tp 6.37430 Shortby UnknownUnicorn5960636Updated 5
EURTRY Daily Bullish Block - November 20, 2019- Momentum is slowing on EURTRY - Block previously created, with equal lows being broken. - Waiting on break out, retest then will trade to previous high. - This may or may not happened, EURTRY is a volatile pair. Longby MichaelDForex1
x19.EURTRYBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated. Sample Alphas are on other side for organised ideas.Shortby UnknownUnicorn4330292Updated 2
down trendEUR TKY on the Daily charts are showing a Bullish move to meet institutional candle to later follow up with a bearish move taking out all stop losses 'stop Hunt' back to follow the original downward trend. Educationby SBMIKEUpdated 2
Long then shortBuy after a local lower low at m15, until price completes the impulse in the wave C of a flat. Then I would assume a reversal and the move similar (at least to the one on the left side of the structure)Longby UnknownUnicorn33825804
Analysis of EURTRY 17.10.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 6.5500 • Take Profit Level: 6.0000 (500 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 6.4800 • Take Profit Level: 6.4600 (200 pips) USDJPY A possible long position at the breakout of the level 108.90 GOLD A possible short position in the breakdown of the level 1476.00 USDCHF A possible long position at the breakout of the level 0.9910 EURUSD A possible long position at the breakout of the level 1.1095by PaxForex1
EURTRY Ausbruch verliert etwas an DynamikNach dem Ausbruch aus dem Abwärtsdreieck pendelt der Kurs leider seit mehreren Tagen um die 6.50 herum. Die fehlende Dynamik lässt meine "Conviction" etwas schmelzen. Dennoch bleibt bis auf weiteres das Long Szenario weiter aktuell. Die politische Lage ist weiter sehr undurchsichtig. So unangenehm es klingt aber der erste Impuls, dass der angezettelte Krieg schlecht für Wirtschaft und Währung ist, könnte sich als übertrieben herausstellen und gegebenenfalls sogar ins Gegenteil umschlagen. Bullishes Szenario definitv beendet bei Kursen um 6.20Longby cmpndng3
EURTRY breakout happenedRoughly one month ago I pondered about a breakout of the turkish lira. Now it seems this scenario might happen. Breakout of downward trending line is clearly visible. Move is probably backed by geopolitical tensions directly involving Turkey and economic threats being issued by the US against the country. In the most optimistic case, we could see prices of 8 and above again. Timeframe 3 months. If price dips again under 6.20, the scenario clearly didn't play out. This is also where I would put my stopLongby cmpndngUpdated 1