Turkish Lira EURTRY | Watch Price Level 10.37970EURTRY. Wait and See How The Turkish Lira Responds To 10.37970 Price Level.
EUR TRY
EUR/TRY: Next Surge Ahead! 🔍🔍🔍The Euro has lost some value against the Turkish Lira over the past months but has reached the goal for its wave A in green. Now, it is time for another push against the Lira, before longer downward movements set in.
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EURTRY bearish scenario:In this pair, technical analysis shows a technical figure Triangle. The Triangle has broken through the support line on 17/08/2021. EURTRY forming a bearish formation on a daily chart. If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 9.5735. If you decide to enter this position, experts say your stop-loss order should be placed at 10.1869.
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New expectation! The EUR/TRY breaks below our trendline. We now see a bigger correction on the loom. Wave 5 in orange should now be completed and the next move belongs to the bears. We now expect declines down to the 9.74 TRY area.
What's your take?
Long Vision on EUR TRY for 19/07/2021Hello Dear Traders,
You find below my analysis for EUR/TRY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/TRY will rise to 10.11 as I am showing in my chart. Our Daily Goal is 10.125.
Currently,EUR/TRY is moving towards the support level of 10.05 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/TRY.
Good Luck and enjoy your Bullish Market for today.
Entry:@10.05
TP1: @10.075
TP2: @10.095
TP3: @10.115
SL: @10.015
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
EUR/TRY: Nazar Line 🧿🧿🧿The Turkish Lira gained a little bit against the Euro but not really significantly. However, we have identified a channel and we expect the Euro to push for another strong run towards 11₺. From this level, we might see a correction.
Keep your eyes open!
EUR/TRY – One Direction! 🆙🆙🆙There has been only one direction for the Euro against the Lira, namely up! We expect this movement to continue further until the Euro gains a value of 10.864939₺ and potentially even over 11₺.
What shall we look at next?
The party is overIt's crazy how one annoucement and political move can make the markets go bonkers.
Sovereign country doing a sovereign move gets punished by the assembly.
If we take the fuss away, I see a downtrend that might be much longer than expected.
EUR/TRY: Shake It Up, Şekerim! 💃💃💃It’s 2007, you are sitting at home watching the Eurovision Song Contest and this dude from Turkey, Kenan Doğulu, completely rocks the show with his song “Shake It Up, Şekerim (my sugar)”! Fast forward 14 years, a lot of shaking is happening in the Turkish Lira against which the Euro gained massively recently. As it stands right now, we expect the Euro to hit prices of 10₺ and above. Only condition for this scenario to realize is that we do not fall below 8.3344₺. However, with the current surge, we are more than well-positioned to attack the 10₺ mark.
Happy trading!
EUR/TRY: Underrated Paradise 🌅Turkey is mostly known for its long history, culture, amazing cuisine and for stunning landscapes, but we have found out that it is also a great place for investments! As we have indicated in the chart, there is a trading zone between 8.630697₺ - 8.145568₺, in which we have entered this market on the long position. We expect the course to further increase sharply. Since we have only recently left the trading zone, there is still time to hop on the moving train!
Check out our other analyses, too!
EUR/TRY Back To SupportHuge sell off on the EUR this past week, I was looking at this as a chance to long back up to resistance as it is oversold but looking at the bigger picture I think it is best to hold off at the moment. The situation is very bearish and there will certainly be swing trading opportunities here but the trend is going down and longing anything here seems like a big risk not worth taking.
Looking at monthly and weekly timeframes you see this is retracing back to the previous peak from August 2018, if it reaches this point that would be the perfect time to be longing this. Although it may not go as far as this, we are now at 0.618 Fibonacci and as this is currently oversold it could reject this area and level off before rising again back towards the all time high.
With this in mind it makes sense to hold off a trade on this pair and some other EUR pairs until the situation unfolds. Once it does it could open up some very profitable opportunities.
EUR/TRY Levelled Off at SupportThis has formed a support level at the current price area. This is a good entry point with SL just below the lowest low, TP is at -0.272 Fibonacci which would be a new all time high.
EUR/TRY Buy ContinuationFor demonstration and educational purposes only. Overall trend is bullish on higher timeframe. Previous month selling was anticipated correction. Note price is sitting at a key demand zone, 50% of previous impulse. Trade at your own risk, perform your own analysis, and use proper risk management.
EURTRY Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on H4: EURTRY is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes.
on H1: EURTRY formed a trendline in red.
Trigger: Waiting for a momentum candle close above the gray area to buy.
and until the buy is activated, this one would be overall bearish and can still dive a little below the brown trendline.
As price approaches our upper green supply, we will be looking for sell setups.
Good luck!
$EURTRY - Long opportunityHello everyone!
Euro/Turkish Lira looks very bullish after the test of the dynamic resistance of the parallel channel.
EURTRY video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for EURTRY, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
