Last time MA50 crossed MA100 upwards @ 15.02.2019. Same thing possibly will happen today. Downtrend trend upper line broken. Weekly and monthly over-sold SL:5.63 TPs:Depicted with light green.(Take into account fibo resistance levels also.) Good luck
This week first days USDTRY make decision Tp points on charts. Wait patiently
Turkish Lira very fragile. 31 March Local Election date for Turkey. I'm waiting for an upward reaction
USDTRY / TECHNICAL CHART
The devaluation of the Turkish (new) lira continues to the fullest and shows how strong a current wave 3 is within the impulse wave. The confidence of the own population in the monetary policy decreases more and more and even interest rates on 2-year government bonds of just under 20% and 17% on 10-year government bonds as a foreign investor do not compensate for...
USDTRY has a falling wedge formation on the weekly chart. If this week closes above 5.31 falling wedge breakout will be confirmed. Stoch RSI is extremely oversold on the weekly chart. Tom Demark count gave a red 9 and counted extra 3 bars. In upcoming weeks I expect a bullish rally to start. Here is my long term trading idea: Long at: 5.26 - 5.31 Take profit...
FX:USDTRY / Support Channel & ABCD Don't forget to use %2 Risk Management DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
USDTRY H2 chart It may not be exactly like that, but it's the scenario. I think it will test the summit again in a short time. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
In the short term, the downtrend broke down and crossed the rise. I drew up the formation formation and possible movement. The output can be expected until weekly resistance.
usdtry has just began a new rising trend. we will watchout for levels for educationally. Up to now working fine
USDTRY buy from curent price we have strong suport zone sl 3.45433 tp 3.55903
Hello everyone. This is my very first idea in here. I hope I am not that high. Be careful I am not professional by the way, it's just an observation. Any comments are welcomed.
Kisisel tahminimdir. YTD Degildir. Konunun uzmani DEGILIM. Bilen ustadlar yorum yaparlarsa sevinirim.
Supply zone failing, pressure up, no supply above to stop the price
HI GUYS TODAY THIS IS MY IDEA ABOUT USDTRY IF THE PRICE BREAK 3.74768 THEN WE WILL HAVE HEAD AND SHOULDER PATTERN(BULLISH)