USDTRY from Money Supply PerspectiveUSDTRY with valued for the number of US dollars printed over the last months. By dividing USDTRY by M2 (money supply), I believe we can get a valuation that respects inflation. Now we have to pay attention to the yellow trend-line and how the price action plays against that. by SBLinekerUpdated 1
USDTRYIt broke 7.26 in 92 days and increased by 18%. Until 8.57, it was the same price again after 203 days. If it breaks this place as well, it is not surprising to see double digits.by PromeCrypto0
USDTRY - Long Breakout?We caught a great trade from March going long (Profit/Loss Box Remains) I just don't see the economic situation getting better anytime soon for Turkey. I am actually living in Turkey currently, it's a lovely country with wonderful people, food and and and.... I see the break north, on a technical level the "Rising Wedge" pattern illustrated. Keep on trucking! or trading whatever... 1% Risk, 2:1RRLongby MattArmstrongUpdated 4
USDTRY 4H (8.43 is important price to create stable direction)In the previous idea we said stabilizing above red slope line will get upward. So now the price made a full stability above red slope line, if can’t break it will get the blue circle, But break this line will be a strong downward, ———- Tendency: upward Entry: above 8.46 TP.: 8.56 & 8.75 SL.: stablize unde 8.40Longby SroshMayi4
Note to My Self:USDTRY(Reloaded)It has not completed its move yet, but I expect a rise and then a fall. If the decline occurs without the rise, I don't think it will be permanent. Progressive to the probability of retesting above the trend by trading incrementally, and the likelihood of an upward acceleration up to $ 9. I plan to take profit in each region and collect it again at support points. It is not investment advice, make your investments together with banks and intermediary institutions and experts in the field. Note: The edited version has been reloaded because it violates the community rules.Shortby CoinSTOmoonUpdated 111
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.4295). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 8.4585 TP2= @ 8.4850 TP3= @ 8.5110 TP4= @ 8.5510 TP5= @ 8.5855 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_World141418
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.4295). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 8.4585 TP2= @ 8.4850 TP3= @ 8.5110 TP4= @ 8.5510 TP5= @ 8.5855 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity7720
Buying Opportunity in USD/TRYHi everyone, bearish movement could be happened soon. There is an formation of wedge shaped ascending triangle over the trend line also there is an strong resistance around 8.50. Price could be hit around 8.24 for short period of time which is an nice entry floor for a long term profit. In my view it is almost impossible to touch 8.00-7.90 level without any significant increase of interest rate. Longby Dr_Oktay_Berkay111
USDTRY 4H (strong resistance 8.460)We have strong resistance at 8.460 if the price break this price will be get 8.560 But if can’t break 8.460 will get strong downward to get target. by SroshMayi5
1 Turkish Lira = 1 Dollar !!After breakout, we will reach 10 easily. If we throw a zero, we will reach our goal. Only Turkish people understand this joke :((Longby nedoshi113
U.S. DOLLAR / TURKISH LIRA LONG in the specified area.Price action trading. There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences.Longby Nima-K6
USD/TRY bearish break out might happen soon!Hi every one USD/TRY USD/TRY has formed a rising wedge this means there is a strong chance that this instrument would decrease It's price soon! there is a strong resistance at the top of the wedge(shown in the picture) so our guess is that the price would reach the top of the wedge and after that the price would start to decrease! (the support levels are shown in the picture) Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck Longby CobraVanguard181857
usdtry 4h ( will get 8.463 or 7.99) depend on stablein the previous idea we said will get 8.50 then will be started to down, you can see it below. so: above slope line (8.580) will get a Blue circle under Slope line (8.230) will get a Red circle --------- my previous idea about usdtry on 12 May: by SroshMayi3
USDTRY, SELLUSDTRY, SELL if it follows the path and do not forget setting the stop lossShortby maximleanke2