U.S. Dollar / Turkish Lira USDTRY

I believe that we are gonna see USD/TRY around 4.00 pretty soon.

USDTRY

USDTRY - Harmonic formation - Thank you for your likes and comments :)

The massive surge of the US Dollar which ended on May 23 was followed by two weeks of decline. As a result, the pair approached the upper boundary of the breached medium-term channel prior to reversing back to the upside. USD/TRY is gradually approaching its many-year high of 4.90. It is expected that the Greenback continues to edge higher during the following ...

Midterm Forecast: The current trend is uptrend and the forecast is the continuation of uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 51. Trading suggestion: There ...

big money move

Better informed/smart money may be off loading/closing their long positions and potentially re-positioning themselves in the opposite direction. I will be watching the boundaries of the current trading range from here on. Anticipation is to potentially see further short term weakness/correction. I would expect to see it test it's 200 day simple moving average ...

USDTRY Maybe we'll see the elongation in the fifth wave.

stats are like mini skirts, they show many things except you really wanna see. that`s not an idea for trading, only for hobby :)

NOT INVESTMENT ADVICE. GOOD LUCK

expecting 5.30

Sadece bir fikir.

Dear Traders ,,, We have here 4 hours time frame. We hhave to wait and see a break of the trendline, to buy. Or wait for a retest of the support level to have more clear idea and conformation. Note : that 0.5 Fib is very important level. breaking 4.69 level will lead to 5 lira soon. I would trade this based on the US news and DXY technical. More to ...

USDTRY

Sell

Trade the C waves, look for shorts

xu100usdtry

In this chart we can clearly see the continuation of the uptrend of USDTRY . The triangle that has been created in the last days has turned into a flag pattern. Expecting a breakout in this chart, we think that a trade with a low risk and high return can be performed. In case of a breakout a long position can be considered with a Take Profit at 4.7800 - 4.9100 ...