4H INTRADAY BOLLINGER ANALYSISBollinger band can start here to narrow. Lets see if happens middle and bottom of the band will be targets. But no major break out seen on the band like may and july. I cant say top in place but maybe watching it. Major breakout and big bollinger band up side wil be initial signal top maybe happening. like in may and july but here question mark.
Tcmb
TURKISH LIRA EURO AND USD BASKET MY LAST CHART.WHEN WE LOOK AT THE CHARTS EUROTRY AND USDTRY WE CAN SEE A MAJOR WEEKNESS. AND TECHNICAL OUTLOOK TWO PAIRS ARE CLOSE MAYBE ENDED THEIR RISE. TRUMP ELECTION NIGHT TWO PAIR SEEN ALL TIME HIGHS. AND TRIANGLE TARGETS SEEN. WHEN I LOOK THE BASKET PERFECTLY SEEN TARGET. SO THAT TARGET LEVEL WHEN ACHIEVED AGAIN MAYBE IS A SHORT OPPORTUNITY. LONG TERM TURKISH EQUITIYS AND PAIRS ARE OPPORTUNITY.
LONG TERM VIEW. WHEN WE LOOK AT THE WEEKLY CHART. THERE IS A POSSIBILITY THAT EVERYTHING WILL BE FINE. THIS CHART IS SUGGESTING A LONG TERM TOP PATTERN I GUESS. BREAKDOWN OF MAJOR TREND LINE THAT WILL BE STABILITY AND SIDEWAY MOVEMENT I GUESS. BUT NOW THERE IS NO SELL SIGN THIS IS A VIEW OF THE CHART. RSI AND CHART SUGGESTING A LONG TERM TOP. LOOK AT THE LITTLE TIME PERIODS FOR TRADING.
Turkish Lira euro and usd dollar BASKETWhen we look at the chart we see that the basket didn't made new high. First high was 1 year ago. Normal investor gets %11 interest rate for lira per year. When we look at the chart basket is cheap for year ago. Interest rate %11 profit in us dollar and euro they close acoount and turn lira to euro or dollar. You can't find this opportunity in any country because we are talking about zero rates and negative rates. Here lira is overvalued for investors. They are in real good profit. I guess pair will go up.