Hello everyone! EURTRY will continue the uptrend after breaking out of the triangle. Wait for a breakout at 8.86300
EURTRY waiting to complete the " Cup and Handle " model, the price to buy is when it reaches $7,82500 EURTRY buy : $7,82500 EURTRY target : $8.28050 EURTRY stop loss : $7.70000 or $7.75xxxx (for margin) . Wish you good deals!
There is a strong buy signal at 10/10 level, price is above the resistance level and 20 mov exp is supporting the prices. additionally there is cup-handle pattern. The movement range is 0.38.
Following analysis shows that EUR TRY will be reach almost 8 TRY/EUR.
Unless the support 7.17 is not broken and price stays underneath that level for 3 days in a row I would expect the currency to reach 7.5X levels and the graph should be updated accordingly.
EURTRY Trading Plan BUY - Riks Reward 1:2
Hi traders, wanted to share with you my chart Analysis. The whole first week of February saw EUR/TRY in a down trend, creating a triangle where at the base we have an area of confluence with the trendline formed in the begining of the year (9th of Jan). Week wise and day wise pair is in a long uptrend. At the beginning of a Friday session (Europe) we saw...
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 6.5500 • Take Profit Level: 6.0000 (500 pips) If the...
Possible BUY setup for EURTRY Due to forseen inverse head and shoulders entry@6.285 target@ 6.69 sl@ 6.22 entry signal needed before entry can be take at support level 6.28
-EURTRY short term RSI (H4 chart) is in oversold zone -The price is at support level -Long on short term and close near 6.37 -The best place to entry short position is near 6.37 -The short position is good for short and long term too. -In long term the price can go completely to February low near 5.9
The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 6.2900 • Take Profit Level:...
One of my favourite pairs this weekend. So much confluence for an upside leg. Let's break it down. 1) Price printed a doji on the last trading day. That is a somewhat sign of reversal. 2) Price printed the doji at a strong area of support . We can see how many times the price has jumped from this area in the past (green circles) 3) Price printed the doji at a...