EURTRY SHORT POSSIBILITYLets see what this week brings. Its been try to hold on for a while now. Maybe its time to let go.Shortby principaloverprincipleUpdated 6
BAT short EURTYRA Bat short is developing at a good level. We have also a Gartley short at the same level on H1 and a Crab short on the daily. Shortby rolandbeck22
EURTRY DAILY LOOKEURTRY --- GOLDCOLOR EURINDEX ----TURQUOISE SELL MACD DIVERGENCE + RSI + (nearly) ADX 0 NEUTRAL decision : neutral, must watch carefully. by BBN914
weekly pin bar price action - strong down move price action - strong down move price action - strong down moveby dushyanth1982113
EURTRY Daily Chart Oscillators: RSI shows a declining line proving the EUR is underperforming. STOCH shows a crossover is imminent, providing a timely trading signal, as price movement shows the EUR is oversold. (Bullish signal). Trend: Retracement being established at 4.31625 price level, as time would be a great indication as price correction has been established. The retracement to 0.236 shows an increase in demand is yet to happen as a New Higher high expected with the EUR. Pattern: Continuation Pattern (Ascending Triangle Pattern). No clear visiual evidence of a reversal pattern. Bullish Price Projection to the Golden Ratio. Estimated Price Projection 4.37333. Shortby Charles-JohnMakhema114
EUR/TRY hinders near channel boundaryThe common European currency has been trading against the Turkish Lira in two ascending channels simultaneously. The junior pattern was formed as a result of the rate remaining at a relatively stable position during the past two weeks. As apparent on the chart, the Euro has failed to overcome a resistance area located near the 4.2189 mark. During the last trading hours, the rate has been stranded in a narrow range between the 100– and 200-hour SMAs; thus, a breakout might occur in any direction. In case the pair succeeds at surpassing the 100-hour SMA and the weekly PP circa 4.20, it might appreciate until the aforementioned resistance area. The base scenario, however, favours a soon movement southwards. This would comply with characteristics of the senior channel. In addition, it is apparent that the pair has failed to reach the upper boundary of the junior pattern during the last week. The closest downside target is the weekly S1 at 4.1701. by UnknownUnicorn8906902
eurtry - downtrend channelgoing down? - top channel - weekly pivot waiting for confirmationShortby TAJIR_BUpdated 4
september 6, long EURTRYenter long at higher level, add at lower, stops below green boxLongby TTrsqaure111
Bollinger bands here we have something..When i look the bollinger bands it is @ support and a big move will start from here up or down. In fact this chart is bullish because it made a new high with previous movement.. very interesting things can happen. people think this is bearish dont be sure... lets see..by UnknownUnicorn467863Updated 1
It's time to startIt's time to start taking short positions on this cross with positive swap at short direction. It will go down and start accumulating with high swap are never a bad ideaShortby MarketMiracleAdvisor2
BUY SETUPYou may want to catch last piece of movement to upside which should reach target of bigger triangular pattern. Wait for breakout of blue trend line for entry and you can aim for tagey as m,arked on the chart.Longby pablo82Updated 7
The EURTRY exchange rate moves sideways...The EURTRY exchange rate moves sideways. We assume that the bottom level of the exchange rate is around 4,0193 levels. The top of the bar is 4.2240 In the band we expect two waves. Then we assume an increase. The primary purpose of the rise is around 4,5668 levels. Then there is a quarter-wave bandwidth correction and a new increase. For the summer of 2018, the exchange rate is expected to be close to 5,0344.Longby meszaros119
EURTRY - Bearish Swing Due? - What goes up must come down?EURTRY has been clearing up-trending for over a decade. The upside momentum has been significantly stronger in recent years, as seen by the more aggressive trend support lines. How long will the upside continue? Is price finally reaching a high? The main reason for me wanting to open a long-term short on EURTRY is the positive swap rate. I personally believe that these is no other currency pair (offered by retail Forex brokers) that has such an opportunity - an extremely high short swap rate with possible strong downside. A few things to consider... Price is looking over-extended . Recent bullish moves have been euphoric. The swing in January 2017 was almost vertical. From past experience, this generally means that a correction is due, and usually a major correction. Bearish pin bars and inside-bars. The current bullish swing is struggling to form a higher high. 31/07 saw a clear bearish pin bar close. This has been followed by an inside-bar with a bearish break-out. If price continues to remain quiet this week, this weeks candle may close another inside-bar. Possible signal of a shift in momentum? There is a lot of support. If price does start heading South, it may find a lot of support (unless EURTRY plummets). Dynamic support, trend support and horizontal levels have been identified on the chart. The only positive from all this support is that if the EURTRY closes below these support areas, they may then act as resistance, possibly helping price to move lower. Brexit. Yes, that word that frustrates the British (and perhaps the Europeans?). Who knows what this will bring to the EUR and GBP in coming months. A weakening Euro is a possibility but your guess is as good as mine. If the position is stopped-out, I will look for the next opportunity to short the pair. I believe this pair offers potential trades that should not be missed.Shortby love-the-pips_SamMorton5
SHORT entry Bullish CYPHER on going plus a H&S on H4. Good risk and reward.Shortby SimonAlex98081Updated 4