=> For those who believe in the bearish Turkey story, we are in the early stages of a 5th wave which we mentioned in our previous ideas... it can be seen clearly here and shows how the floodgates for the highs are wide open. From a technical perspective the 5th wave target, the first major target is 7.85 (assuming wave 5 is a 1.00 ratio in length of wave 1)....
This potential Long entry point in the chart is based on multiple technical and fundamental confluences, most of which i'm not going to give out Note that FX markets and Turkish lira movement is based on fundamental information as any breakout of technical levels happens for fundamental reasons so I highly advise you to be unbiased and watch topic related news...
Lets see what happens. If it is breaking down triangle and impulsive move will begin there is a strong support level close levels. If it can break it also it will go to the 200 day average. Why not ? Watching close and hoping for the best not for the worse..
Floki today met with Allah on episode. He stoped vikings to kill praying muslims.. So... This is signal i guess ultimate short time... stoploss above there.... good luck...
I have been waiting this setup for 3 months. So today yes today it seen bottom line. And so far so nice reversal... My target long term 1-2 years for upper side line top of this ABCD correction. Best wishes to everyone...
NEXT EPISODE...StiLL waiting for somethings sooooooooooo what can happen... wait and seee...
tHis is started look like a prep for new high.. So... Maybe.. This can be 4. wave. We are close i guess.. no advice..
Last status here... Sooooo Under 9 average short like no tomorrow... 9 av started to get close to 26. so. If price goes under 9 ma and when it cuts 26. thats helll selling signal. pre signal is price goes under 9 average...
Simple. So. AFTER this battle. We need to watch 9 mav. IF price starts to be upside. THen dont short this. IF price starts to be down of 9 MAV. SHORT LIKE no tomorrow.... Here don't watch the news. Simple.. under 9 goes down over 9 goes up !
If price goes over rectangle my god... Correction over This is rally setup weekly. 1900 to 1045 correction means finished. And starts big rally.. Yes this f.ck is so simple... 26 MAV CROSSED 50.. 50 going to cross 200 mav.., so what is missing? only missing that price starts to go upsideeeeeeeeeeeeeee rectangle... then big rallyy.. but how can we now that...
26 mav support now to the up 9 mav !!!
HERE AT DECISION POINT... IF IT NOT FALL IN THE WEDGE... MANY TERRIBLE THINGS ON THE WAY :(. EVERYONE BE CAREFUL MY GUESS IS THIS... VERY CAREFUL !!! IF IT GOES INTO THE TRIANGLE AND STAY IN IT... SHORT LIKE NO TOMORROW !!1
BIG CRASH STARTED.... I GUESS....
I didnt thought that this will be that high... maybe over 3.10 3.15 that can be finished a small 5. wave. but the rally came to this area. amazing... dow jones rally all time... we crash. so. my view is like that. if it spikes over that trend line that will be cruel.. hope not. so .... shorting for long term from this prices will be great opportunity.. can be...
No more this is last last last.. The major mistake of shorting a uptrend but... No more !!! Maybe !! rSi finished ! so shortttttttttttttttttttttt.. no sell signal small position !
Eu union trys to crack our economy. Time to make some action. ! They will be broke !