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23nov21

USDTRY- 22Nov2021USDTRY- 22Nov2021 On the monthly timeframe, we could expect 3 white soldier candles forming. Hence a bullish momentum is expected for the rest of Nov21. However, the current price is over-extended. We should be cautious on its further upside. On the H4 timeframe, prices continue to be over-extended. Price may pause to catch a breather. We will need to monitor its price action for further upside potential. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS
EURUSD- 23Nov2021EURUSD- 23Nov2021 On the weekly time frame, price action is potentially forming 3 black crows and is coming into H&S target at 1.11700. We could potentially expect price to continue its bearish momentum this week. On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence, we could expect price to continue dropping to H&S target at 1.11700 before a bounce occurred. This is for personal record purposes only, not financial advise or solicitation of trade.
Short
by TTMFS
DXY - 23Nov2021DXY - 23Nov2021 On the weekly time frame, there could potentially be a formation of 3 white soldiers . We will have to monitor how the price action plays out this week. We could also potentially expect DXY to reach its inverse H&S target at 96.72 this week. On the H4 time frame, prices continue its bullish momentum into confluence of Fib resistances. With its inverse H&S target at 96.72 approaching, we could expect price to pierce this level before seeing any bearish pressure. Also noting that there is negative bearish divergence already forming on RSI. This is for personal record purposes only, not financial advise or solicitation of trade.
TVC:DXY
by TTMFS
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