As for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it. Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3. If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3. For Educational Purposes Only.
USDTRY back to 9-9.30 area which converge with latest s/r flip line
According to new financial politics from president Erdogan, there is a chance to follow long therm trend short agains dollar.
💰Fxone4all 💰 FOREX 💰 🟢usdtry (long ) buy now : 13.5/ 13.4 🔸TARGET💰 🔹 15.7 🔹17.4
USDTRY next support is around 10 lira per USD After that it will hit the old ascending channel
Hello Traders, I was away for a couple of months due to personal matters, but I am determined to support you again with my outstanding ideas in 2022. So let do this! A beautiful curve stick pattern is forming. Buy USD/TRY at 12.8 TP 1: 13.94 TP 2: 14.60 SL: 11.22 The Content is for informational purposes only, you should not construe any such information or...
This is a classic example of risk management, if there is anyone who is over leveraged before the crash, the account must have been wiped out. I wish noone be in that position but if there is any survivor then probably a story to tell and help the community. Why I am inclined towards long. #1 : This is a retracement of the entire move from the beginning of...
We said it 30 minutes before this massive short-selling. "it will go up until the Turkish Government decides to react." And they did. At Human traders we provided two selling signals, and we are short this forex pair. Volatility remains high and there are a lot of forex traders closing positions. For those who want to trade this one, we recommend you to stay on...
Hello traders, Everything is clear on the chart for you like always. So monitor the price's behavior in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me
Everyone wants to know where it's going...Why not just scalp these areas USDTRY THE MAIN FOREX PAIR that has been very active in the news in 2021. Generally speaking all main gaps get filled...Let's see where market should fined some two way auction. My main trading analysis is always through orderflow & volume profile . I mainly scalp Futures (ES & NQ) I have...
This week has seen the USD/Turkish Lira exchange rate drop from a high of 18.25 TL per Dollar to a close at 11 TL per Dollar. In my previous idea published in January 2021. The concepts I laid out in that idea are still valid. The curve I drew still holds intact. RSI is still rising in the parallel channel. The recent spike has seen RSI reach even higher value...
in USDTRY we have a Falling market mostly 161.8% of Fibonacci retracement and then we can long it the 1 TP and of price crosses the TP Zone then we can see very high prices of Fib Projection keep an eye on the white Buy line please comment your opinions
Firstly, guaranteeing cash deposits against FOREX depreciation does nothing to restore faith in a broken central bank. Secondly, any time a Government imposes draconian fiscal rules (banning crypto or discouraging USD), society revolts.
I don;t know if y'all saw the currency run last week, but hilarious crap. This is why I trade TURd options. I once caught one of these runs and made an absolute killing.
This is just a quick look at the USDTRY pair. I'm evaluating the recent recovery of the Turkish Lira versus the dollar from about 8.5 TL per dollar to 7.3 TL. In my estimation, this recovery has not shown enough strength to continue. We can see that as soon as it touched the bottom of the drawn curve, RSI has reached the bottom of its parallel channel. That's as...
i think Turkish lira in coming down again all goverement can be force anything in future its not financial advice just idea from chart
is that nice? :) i think wave 1 completed wave 2 can be continue and we will wait for wb and wc .
I predict in the previous analysis; It happened up to the end of Fibo 432. In other words, the wave3 is over and we need to correction. This correction can last up to ten Turkish lira due to the sharp drop of MACD in daily time, means it will going to middle bolinger bands or 0.70 fibo. So; after which we will have a very small correction one again. Good luck