USD/TRY potential harmonic bearish butterfly pattern. XU100 down USD up!
Bullish gartley hit the both targets successfully
USDTRY counted red 9 according to Tom Demark count. After red 9 we expect a trend reversal. Weekly Stoch RSI is at historically low levels. Bollinger Bands are very narrow at the daily chart. I expect a bullish breakout within this month. Major resistance areas are: 5.33 (daily MA20), 5.43 (fib 0.5) and 5.72 (weekly MA20). Major support is at: 5.05 (fib...
Potential harmonic bullish butterfly with targets. And theres a triangle
Harmonic bearish butterfly pattern. Targets and stop price on chart
Harmonic bearish bat pattern. Targets and stop price on the chart
According to early election of Turkey, USD/TRY pair should be hanged to ~3.95 TL. Afterwards, I expected that we we might find itself ~3.8 TL area.
1 week relax mode between 4 - 4.10 2 - 16 April BIG JUMP economic crisis announcement
Time to crash to averages why not ?
Triangle target zone wiil be reached next week maybe @night or @day. This strong mono wave can be reached its target. Watching carefully GooD Luck
3.7 is not realistic !!! At TOPs and BOTTOMs there are two divergence between price and indicators. (It should touch 3.62xx)
i think the cypher pattern has began to form on TRYUSD market i have started a trade at 3.62 and waiting for next week as i think it will bearish till 3.58 and ultimately to 3.54 will update you
If can't break 3,55 resistance after 2016 December 2nd time will try to reak 3,40
It is cheap. For me it is in buy zone.Under 50 week moving average.On the down bolinger band. This broke down previous support so that was not the bottom. This can be.
When we look the chart it is ready now to do something. Lets see.