USDTRY 4H (downward, after retesting)Usdtry, now all trying of turkish lira is deep, so if the price can’t break the resistance zone till 8.490, will get downward. ——— Tendency: downward Entry: under 8.4500 Tp.: 8.3975 & 8.3200 Sl.: 8.4900Shortby SroshMayi2
USDTRY short after pullback The price at the end of last week broke through the support level 8.48, having broken the ascending price channel earlier downward. After a rollback to the level, I expect a fall down to the support of February 2021. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻Shortby Lingrid121275
USDTRY 4H (downward under support line)Usdtry, now the price can stable under support line so now can get down direction ——- Tendency: downward Entry: under 8.4300 Tp.: 8.3300 & 8.3000 Sl.: 8.4650Shortby SroshMayi4
lets see the waymacd shows to downward but we're in the below of the channel still. lets watch where will we go.by Alperxx1
Usdtry 4h (movement’s between the channel)Usdtry i think will make movement between the channel, so more responsibility for upward till the target , so general direction will be breaking the channel ——- Tendency: upward Entry: 8.5400 Tp.: 8.57500 & 8.6000 & Sl.: 8.53900Longby SroshMayi2
USDTRY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.Long04:47by ForexWizard010
USDTRYThe secondary downtrend has been broken and now it is ready to rise to the main trend Longby Engineeraircraft2
#USDTRY (CFD) #83% Top Probability #Zigzag. The #high in the 8.7950 zone, has found a (strong) #83% Top Probability Box, completing up there, a (failed/truncated) #wave (v) of 5.Triggering a #Zigzag correction, which is targeting 7.96/7.91 zone.by ElliottWaveStats0
USDTRY false breakout? The price has broken the price channel down and approaches the support level before the close of the session. I think that after a false breakout, the price will rise to resistance 8.6 Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻Longby Lingrid7713
USDTRY 4H (downward, till support zone)channel pattern Usdtry, have movement under the channel pattern so it is mean to get down term because can break channel. ——— Tendency: downward Entry: 8.5600 Tp.: 8.5128 & 8.4700 Sl.: 8.61000Shortby SroshMayi4
Everyone Want To Buy But Maybe This Is Sell Area?Yes I know turkey has a some political issues but technic analysis told us its good take profit area :) its not investment advise ! by emrelgUpdated 6
USDTRY waits for CB interest rate decision to bounceOn Wed (14th July) Turkish CB will announce one-week repo rate, which affects USDTRY and EURTRY very much. It is known that Turkish Government is not very keen on high interest rates, despite its necessity. So another rate hike is not expected. USDTRY is in a descending channel since 22 June, and if there is no more interest rate hikes, we can see an upward momentum to 8,68 first and then up to 8,90. Please like and comment if you find this idea useful 👍 Longby ozgurb86Updated 3
Adam and Eve Pattern ReversalOriginaly i thought theres coming one more 50%+ capitulation, but recently also discovered that we may be in a Adam and Eve Pattern, as long as curve holds its a legit idea. Entry would be right here with close stop loss. The -50% drop could still come tho, but anyway good risk/reward ratio on this idea. DYORLongby Symbio_XUpdated 0
USD/TRY: section fast transactionsHi everyone! Technical indicators indicate temporary oversold of USD/TRY. Now pair continues the movement in a local downside channel, but approaches support at the level of 8.59-8.60. On it I expect the movement up to the upper bound of the channel. Purchase from the support noted on the chart. TP = 8.6760 SL = 8.58419 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time. Longby Yuriy_KuznetsovUpdated 112
USDTRY - Preparing for a dip? The Turkish lira under pressure from inflation data in the country. June consumer price index rose from 0.89% to 1.94% MoM and from 16.59% to 17.53% YoY. As a result of the partial lifting of quarantine restrictions and an increase in raw material prices, inflation in Turkey has reached two-year highs, which does not give hope for the start of lower interest rates by the country's central bank until the end of this year. Shortby DCFX-TA1
USDTRY consolidation at SUPPORTThe Turkish lira is trading at the lower border of the upward price channel with very low volatility, which indicates consolidation. Waiting for a mouth from the level with the trend to the resistance - 8.86 Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻Longby Lingrid171721