USD is
- still bullish,
- has consistent volume, buys are slightly increasing since the beginning of the year.
- made the bullish flag in previous year.
- hit the bottom of the uptrend channel that validates the target zone at the top of the channel.
- Turkish economy is still in fragile-five.
Correction to 6.70 (Fib Level 0.236) is possible. It is up to you to wait for that scenario.
Entry Zone : 6.70 - 7.00 TRY (Fib Level 0.236)
Target Zone : 9.00 - 10.00 TRY (Fib Level 0.786)
Stop : 6.40 TRY (Outside of the uptrend channel)
Expire Date : Mid 2021
Psychological Levels : 9 - 10 - 12.5
p.s. This is not a trade advice. Do your own research and take your own risks.
- still bullish,
- has consistent volume, buys are slightly increasing since the beginning of the year.
- made the bullish flag in previous year.
- hit the bottom of the uptrend channel that validates the target zone at the top of the channel.
- Turkish economy is still in fragile-five.
Correction to 6.70 (Fib Level 0.236) is possible. It is up to you to wait for that scenario.
Entry Zone : 6.70 - 7.00 TRY (Fib Level 0.236)
Target Zone : 9.00 - 10.00 TRY (Fib Level 0.786)
Stop : 6.40 TRY (Outside of the uptrend channel)
Expire Date : Mid 2021
Psychological Levels : 9 - 10 - 12.5
p.s. This is not a trade advice. Do your own research and take your own risks.
Trade active:
Price is entering the buy-zone
Trade active:
Entrance time is over. Last chances to catch the train up
Trade active:
Impossible to see IHS in the channel. Target about 10 liras is explicit.
Trade active:
Oh my God! It works like a charm.
Now the targets are : 10 in mid-term & 12.5 in long-term
Now the targets are : 10 in mid-term & 12.5 in long-term