Oh shit, here we go again, Money to burnOh shit, here we go again, Money to burn. I have turkish lira, i don't care. I am already dead.by vgoktas220
USDTRY- 15Dec2021USDTRY- 15Dec2021 On the H4 timeframe, price is back to previous highs area at 14.47. With Turkey's central bank announcement later today, we will have to see the market reaction. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS1
help yourselfthere are a lot of tools and indicators to help us to determine our goals fib retracement and moving average for example Shortby Mohamadyaser3
USDTRY- LARGE DECLINE EXPECTED - PART 2Someone mentioned that interest rates in Turkey will decline to 5% by Thursday. I think that seems something out of this world. Anyway, looking at FIB circle, it is clear we have been in stellar mode, or its similar to viewing SpaceEx rocket material. No honestly, i prefer to be view this market as it is. Market is VERY LONG USDTY and any disappointment in rates (not reducing) may be the catalyst for the large decline. I keep the same strategy SELL current levels 14.25 and upwards and reduce 12.50 and resell on move back 13.50 and then go for the ultimate buy-back 10.25-10.75. in the meantime good luck for Thursday. Shortby peterbokma10108
Massive !!!Massive volatility breakout according to Bollinger a bulb is a sign of a end of move or reversal imo here idk they are forcing demand in the area which I think they will buy again at a cheaper price I don't see the currency doing much more would I trade against the banks nor to I find buying a market so high flavorful even if it's being manipulated cus that means I'll have to consistently monitor it so I wouldn't trade this pair long term rn therefore there's no reason to traded it short term there are cheaper spread pairs by Donajor80
USDTRY - CONTINUE SELL The candle stick patterns provide clues on the state of the market. Hammer (inverted) top (cross) plus evening star, and RSI 93.0 for the weekly does not bode well for the longs. Sad to say, I remain steadfast in the belief that we will in fact have a collapse downwards. The GANN resistance 14.62 and 14.30 were attracted yesterday, and no doubt placed fears into then mind of people. Run away trucks are never fun to watch and I fully get it. However, regardless the circumstances, the correction will set in. Do note, that when it comes to this currency pair, we require patience and more importantly do not overtrade. Shorting in very small position sizes to end up a reasonable average. I am sure most of you are aware. Just for guidance sake, assuming shorting since 9.50 (its medium-term view) and low leveraging, at current 13.80 rate we will have reached 1.05x leverage now. So, we are very fine and we can manage it well and have a profit objective of 10-15% at the closing of the positions. Back to the strategy, SELL 14.25 (unless you did 14.30-14.40 in the spike) and also reduce position at 12.50 and re-sell that above 13.50. Overall profit target 10.25>10.50 for now. Have a great day everyone. Shortby peterbokma223
16.94 is possibleFollowing 4h chart. Technically it's stuck inside the trianlge. But if it breaks the resistance, 16.94 will be the target. Please wait for break confirmation first. Longby omurdenUpdated 1
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (14.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 72. Take Profits: TP1= @ 14.6083 TP2= @ 15.0000 TP3= @ 15.4872 TP4= @ 16.0000 TP5= @ 16.7306 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_World9921
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (14.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 14.6083 TP2= @ 15.0000 TP3= @ 15.4872 TP4= @ 16.0000 TP5= @ 16.7306 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 ForecastCity4415
USDTRY- LARGE DECLINE EXPECTEDI know, and some remarks given in the last week and today, technical views seems not to be warranted. I fully appreciate that when being short USDTRY with spikes and overdone situation with pain is not fun. However, it is not the first time observing such situations, and I sadly remain SHORT and add on price increases, but in small increments no doubt to ensure we have the right average on hand. The WEEKLY RSI 93.8 and daily again above 81.0. From my past experience, such levels are unheard of and will attract large corrections. Those that are long for the day trade, its great but still it is extremely dangerous. One comment was, I do not know the political situation. Well its true I do not live in Turkey, but we all can read and see the news. The market movements are used to buy USDTRY because of that. However, please be very careful as the turn around will come unexpected. Strategy unchanged and just be patient for 10.05> 10.3500 medium-term. If this chart is not wished for, just ignore :) In the meantime trade small on this currency pair (needless to say) best regards to you all. Shortby peterbokma4
USDTRY 4H (uptrend again) break to break USDTRY, in the previous idea we said will get 14.55 also we got it, and now also try to get another upward because Turkish Lira hava a politician’s and national problem. ——- Upward Above 14.11 Tp.: 14.62 & 14.95 & 15.45 Sl.: 13.75Longby SroshMayi6
USD/TRY Bulls keep eyes on 14.00 - 15.80 | But when ? USD/TRY yesterday remains range-bound near $12.40 heading into Monday’s European session. The Turkish lira (TRY) pair snapped a two-day downtrend the previous day while staying past a weekly ascending support line. Given the MACD line teasing bullish cross, as the quote remains above the short-term rising support line, USD/TRY buyers are likely to aim for the one-week-old horizontal resistance near $12.70. Following that, the $13.00 threshold may offer an intermediate halt during the run-up to the recently flashed record top of $13.49. Meanwhile, a downside break of the aforementioned support line near $12.30 will aim for a 50% Fibonacci retracement (Fibo.) level of the November 18-23 rally, around $12.00. During the USD/TRY weakness below the $12.00 threshold, the previous resistance line from November 23 and 61.8% Fibo., respectively around $11.80 and $11.60, will challenge the bears before October’s peak of $9.85. USD/TRY today advances for the third session in a row at the beginning of the week and trades at shouting distance from last week’s all-time highs past 13.0000 the figure ((November 24). The lira depreciates further on Monday in response to earlier comments by President Erdogan, who once again reiterated its firm opposition to interest rate hikes and sustained his (particular) view that interest rates generate inflation. Erdogan suggested that inflation could grind lower before the election in 2023 and added that the recent high volatility in the exchange rate is decoupled from economic fundamentals. Further selling pressure in the lira came after Turkey’s Economic Confidence Index eased to 99.30 in November (from 101.40). Additional data saw the trade deficit shrinking to $1.44B in October. key levels: So far, the pair is gaining 4.19% at 12.7578 and a drop below 11.5451 (low November 24) would expose 10.7007 (20-day SMA) and then 9.6361 (55-day SMA). On the other hand, the next up barrier lines up at 13.1105 (all-time high Nov.24) followed by 14.0000 (round level). -USD/TRY starts the week on a positive footing. -Turkey’s Economic Confidence dropped to 99.30. -President Erdogan defended once again the low-rate policy. USDTRY can be a profitable investment option. USD/TRY rate equal to 13.0648 at 2021-11-30 (today's range: 12.0455 - 13.0658). ... With a 2-year investment, the revenue is expected to be around +23.60%. Buy & Hold | +ROI Investment Suggestion: LONG-TERM Holding Duration : Min 2 yeasrs Probability: 74% Target: 14.0000-15.8000 INVT Fundamental Report: POSITIVE INVT Technical Report: POSITIVE INVT News Report: POSITIVE - SELLING PRESSURE PRICE 13.0000 - 13.0700 - FAIR BUYING PRICE 12.0000 - 12.3000 - Our option for #USDTRY is LONG TERM HOLDING. It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose. Trading & Investing both are the master of RISK. Please comment, like and follow if it was helpful for you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi.Finance |Longby AliSamadiTRUpdated 11116
Well i had to publish this ( I am not a Terrorist)Well i had to publish this ( I am not a Terrorist)Longby vgoktasUpdated 111
USDTRY - short-term SELLWe are remaining on the high side, and the weekly chart currently has RSI 93.68, whilst the daily near 80.0. The pattern on daily chart is a FALSE BULL FLAG which means we will see a move downward over time. The support is around 13.6400. I remain having the view expecting a move towards 10.05-10.3500. It is even possible to see 8.7500 judging monthly chart condition. Shortby peterbokma222
resistance areasimple technique that shoes how the price started to loss its strengthShortby Mohamadyaser1
U.S Dollar / Turkish Lira -USDTRY Daily A long Term uptrend daily channel may control the trend.by BASRAOIL_LIMITED1
USDTRY- 13Dec2021USDTRY- 13Dec2021 On the weekly, price was not able to close above previous highs. We could expect the price to have one last impulsive move up and pull back this week. However noting that market participants are awaiting for Turkey's central bank announcement on the 16Dec21 On the H4 timeframe, prices tried to break above previous highs but faced bearish pressure. We will maintain slight bullish momentum for now This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS3
LIRA TURKEY MAY BE IN END OF WAVE!!!I think that given Erdogan's misguided policies, but new and improved policies in the future, we can hope that the Turkish lira, after reaching tp around 18$ or 19$, will get correction and fall down to near 7$, which It will be a big correction for this currency. Good luck turkeyby khosrooparviz224
USD/TRY My ForecastPrice was created with Pinbar candlestick on daily. If a correction begins, wave 4 is rolled back. If the purple trendline is broken, the price may advance to the blue trendline. Turkey's economy minister met with the sector.(The weather is positive) Inflation expectations from Joe Biden and Moodys. in addition, dxy is weak,that staying critical resistance.Shortby ICE-Forex551
what will happen morethe price reaches to so narrow area of that triangle< no one can be sure that the price will go up . no one can be sure that it will go down . just observingShortby Mohamadyaser2
USDTRY 4H (stable at upward zone) target 14.50USDTRY, by the four hour candle can make stablize above the resistance line so i expect will continue to getting the 14 & 14.50. —- Upward Entry.: Above 13.50 Tp.: 14.00& 14.30 &14.55 Sl.: 13.30Longby SroshMayi339
USDTRY - LONG TERM SELLbesides the medium-term SELL weekly RSI 93.0 and the Daily RSI 80.0 the MONTHLY RSI is almost 89.0. We are about 1.50 pis above the BB top and viewing history, the correction was severe downward. Further, we have HAMMER TOP on monthly chart, a signal that suggests we may turn the tide. I remain having the view SELL is the way to go, and regardless we may see some spikes, this is opportunity to add small increments to our existing shorts. the monthly chart objective is likely to be 9.0000. For the weekly chart its 10.3700 currently. Shortby peterbokma224
USDTRY- 10Dec2021USDTRY- 10Dec2021 On the H4 timeframe, prices are consolidating near the highs. Market participants are awaiting for Turkey's central bank announcement on the 16Dec21 for further indication. However, we could expect price to bounce to the weekly impulsive Elliot Wave 5 at 1st Resistance at 14.38 before facing bearish pressure. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS1