mkanik

mkanik Updated 

USDTRY formed an new and higly volatile strong up channel! Recent surge was bounced back from 38.20 % fibbonacci level. Long from there with a risk reward ratio 25! The stop loss is just below 1%. Short at old highs until seeing a reversal signal probably from 20 EMA and around 50% fibonacci level. This can happen soon in August next week or so.

mkanik Updated 

low risk high reward trade alert!

mkanik

Did you get tricked or got this trade? 1:4 risk reward ratio.

mkanik Updated 

Intraday or swing trade! 1to8 risk reward! good luck!

mkanik Updated 

15 min short profit. very nice setup.

mkanik Updated 

EW corrective wave after an impulsive wave. In the middle we have a nice head an should der formation. Monthly and weeks charts left a doji candle. No need to stand against the trend.

mkanik Updated 

A symetric triangle pattern can go either way... trade it well.

mkanik Updated 

Recent character change in the TRY made me think a lot. It wasn't fitting in any kind of analytics. I detected a pure manipulation with fast character change. So i spent a lot of time to crack down the character of the trend. In addition, i added some mathematical calculations and probabilities. I ended with 3 target after 3 different pull back or side way. I...

mkanik

SQQQ standard pump and dump.

mkanik

All in all, overhead resistance is very strong. It needs time and right setup to pierce through. But you can see that 367 level is very an important level and should bounce back to pivot at 536 where coincides with the overhead resistance. This formation is also known as the bearish flag which will turn into another bearish move down to former resistance level....