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Turkiye

Arkham and Gatalasaray just signed a sponsorship deal$Arkm 1D chart; After signing a 2-year shirt sleeve sponsorship with Galatasaray, Arkham continues to move towards a narrowing trend line The existing bullish harmonic pattern is active as long as the stop level is not seen. Let's not forget the possibility that OB zones may work as resistance In order for the pattern to be completed, it is expected to make a rate of 222% from the current level. #arkm #galatasaray #turkey #turkiye #football
Long
by ugurtash
Turkish Lira - Doesn't look good...Already vulnerable, Turkey’s economy now faces massive earthquake recovery costs: After a difficult year, things finally seemed to be looking up for Turkey’s beleaguered economy in early 2023. Just six months earlier, in June 2022, the economy was on the brink: Turkey was facing a potential balance of payments crisis, meaning it would be unable to redeem foreign currency debts and pay the bills for imported goods. The credit default swap premium, paid annually to guarantee redemption of five-year dollar-denominated eurobonds, was hovering over 9% — the highest level since the 2001 banking crisis — and sovereign credit ratings for external loans were the lowest they had been in 20 years. In the months that followed, things slowly began to improve as Turkey benefited from stronger global economic conditions coupled with new domestic corporate capital restrictions, informal cash inflows from abroad, and better-than-expected winter weather, all of which provided a temporary reprieve from the country’s long-standing economic woes. But then on Feb. 6 the worst happened: Turkey and neighboring Syria were hit by a pair of massive earthquakes, registering magnitudes of 7.8 and 7.5, just hours apart. As of Feb. 13, the total death toll in Turkey was over 30,000; tens of thousands more have been injured, thousands of buildings have been destroyed, and the total physical damage and loss of future growth is estimated in the tens of billions of dollars. The total cost of the destruction caused by earthquakes is still unclear, but it will not be less than $10 billion and it could be much more — as much as $84 billion, according to one estimate from Turkish business group Turkonfed, or around 10% of GDP. More than 8,000 residential and commercial buildings collapsed. These will need to be rebuilt and many others will have to be repaired or replaced if construction standards are tightened. Public buildings such as schools, hospitals, and government offices have been heavily damaged. Intercity gas, oil, and electricity lines need to be repaired as well. Some strategic infrastructure, like the Tarsus-Gaziantep Highway, İskenderun Port, and Hatay Airport, was moderately damaged, although the Kirkuk-Ceyhan and Baku-Tbilisi-Ceyhan oil pipelines were reportedly not. No information has been released yet about the Iskenderun steel factory and the Dörtyol gas terminal. There are critical energy production facilities in the region as well, such as the Akkuyu nuclear power plant; Afşin-Elbistan thermal power plant; and Berke, Aslantaş, Atatürk, Keban, and Karakaya dams. So far no significant damage to these has been reported either. In addition to reconstruction, there are other costs as well, like living expenses for the thousands of people affected by the earthquakes. The total population of the region is 13.4 million. Most of them are safe; however, their work conditions will change. At least half a million of them will need state support to meet their basic needs — food, accommodation, and heating. Medical and educational expenses must be taken into account as well, and the earthquakes will also affect their ability to work and consume. So far, the Turkish government has allocated an initial $5.3 billion in disaster relief. The upcoming elections remain a major source of uncertainty : Erdogan’s Hit and Run Election – Turkey’s opposition bloc is now left one tinny short of a six-pack. Some say Aksener is now becoming a valuable piece on Erdogan's chess board. After a dozen meetings between its half-dozen constituents, the Nation’s Alliance failed to reach a unanimous selection of a presidential candidate to challenge Turkish President Recep Tayyip Erdogan in May’s national ballot. Exasperated IYI Party leader Meral Aksener walked out of talks on Friday, unable or unwilling to accept that Turkey's Gandhi Kemal Kilicdaroglu was the optimal choice to run as Erdogan’s opponent. She has a point. She’s not alone. A loose coalition had been assembled to establish unity and prioritise the ousting of Erdogan at the expense of party fealty, but they neither came, saw nor conquered. Instead, as Erdogan crowed, ‘They sat, they talked and they dispersed’. The damage to the opposition’s electoral prospects is substantial but is it irreparable? By rights, given the myriad crises besetting Turkey right now and the economic omnishambles over which Erdogan has presided for two decades, a united opposition should be able to nominate a chimpanzee or a block of feta cheese to stand against Erdogan and secure a landslide. If only it were that simple. IMF/NATO/ The West: In this stage the Turkish Lira might become even more vulnerable if Erdogan insists on not deciding where his country belongs. Turkey keeps blocking Sweden's Nato membership bid which makes things more difficult in his relations with the Western block whereas he remains 'Trapped in Putin's Embrace'' In a few words: The dangers on the Turkish Lira have increased dramatically and the country could be entering into a much volatile and fragile election period amidst grown uncertainty. It looks to me that the West can not trust Erdogan and unless he makes a move closer to NATO and the Western allies things could become gloomier. (remember: Former POTUS Donald Trump, who owns a Trump tower in Turkey and is a friend of Erdogan had threatened to ‘devastate’ Turkey’s economy. which still kind of looks like a valid scenario of the 'West' trying to get rid of Erdogan by weakening his economy). So now, especially after the earthquake Turkey's economy is more vulnerable and Erdogan's games between 'east and west' could be a grave danger for the Turkish Lira. Who is more affected? The people of Turkey. Lira's weakening has become a struggle for Turkish citizens in recent years and things could become even worse. Then again, it's the same people who will soon vote what they think is better for them and their future. Our condolences to all the families affected from the earthquakes. Such an unbelievable tragedy can make one think how small we stand in front of nature. May the people in the affected areas receive all the assistance the international community can offer and may their leadership look for what's best for it's people. One Love, The FXPROFESSOR ps. i hope this post/idea doesn't go as well as the last one: and may instead can be another epic rebound:
Long
by FX_Professor
15
Turkish lira - Will take a Break then Higher to 26,5 per Euro Turkish Lira at 20 and our trade is now complete: Perfect (re) entry at 15,8 before that Breakout: and it was a 'perfect entry': Let's not forget the also perfect first entry here: www.tradingview.com Trading wise i must admit, these EURTRY trades have been fantastic for us but at the same time it's a worrying sutuation for Turkish people (maybe not so much for Erdogan but i really don't want to go into politics nor to analyse his thinking or decision making). High inflation will keep Turkish people paying more for their imports and make it impossible for most to get education abroad or buy a German car. At the same time it will make it easier (in a degree) for Turkey to produce and export but that will also be affected sooner or later because we do live in a 'connected world' and producing also demands importing (energy, material, goods, technology etc) Elections are coming next year and volatility of all kinds is already on: www.hrw.org TECHNICAL ANALYSIS: My chart shows that the price may drop to 18.49 before a new test of the 20 Liras resistance (rounded psychological resistance of the strongest kind). Once and if price goes over 20 Lira /euro then 26,5 will be a key level to watch out for. Can the price drop back to normal levels of 12 to 15,5 ? Only if political situation normalizes and things go smoothly in Turkiye. Then again, Erdogan is full of surprises...which is probably not a good thing. One Love, The FXPROFESSOR Ps. Putin and the US all want Turkey 'close' and the country is trying to balance itself with a leg on each side. Historically Turkey takes 'sides' once the winner is clear but that will take time at a period where time is ticking out for Turkish people's prosperity. It doesn't look good to me.
by FX_Professor
7
Turkish Lira/ Turkiye Lira in deeper troubleFollowing our previous analysis, the Turkish Lira hit all our take profit points and began to consolidate on our resistance. I believe that traders look to exchange their Lira's for a more stable currency, hopefully one that that is performing better than the Lira before their investments become worthless. We saw the faith of investor in the Lira help boost the Lira, making it the biggest recovery in the forex markets for the year 2021. We've since seen a shift in investor mentality as the bulls pull the USDTRY market on the upside. I now anticipate the USDTRY to continue with it's bullish nature to meet our TP1, TP2, TP3 and eventually a new all time high with the USDTRY above 21 TRY per USD. What are your thoughts on the Lira? Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Long
by Mezzoforte_Privilege
2
Turkish Lira/ Turkiye Lira in troubleThe USDTRY improved after a massive freefall when the Turkish president announced changes in monetary policies. We have however seen traders be more bullish for the USDTRY although many traders sold the currency pair earlier this month. We have now seen multiple confirmation for a bullish run in 2022 with a breakout of the down trend on the H4 timeframe, a double bottom and we are now waiting to get one last confirmation (a breakout of the resistance cluster. Once we have that breakout, we look to buy the USDTRY aggressively and take profit at 13USDTRY and will wait for a confirmation on either a bullish continuation, a pull back or a market reversal. Please share your thoughts on this analysis, do you feel it will pullback or keep surging?
by Mezzoforte_Privilege
2
AEBTC Down-sloping Trading Range and Spring ActionBasliga atlayan arastirmaci ecnebiler burda ne dedigimi merak ededursun... Yine bi zemberek (spring) tespit ettim onu haber vermek icin sey etmistim. Analiz icin belirli kurallarim ve tutarli olarak kullandigim zaman dilimleri var (1 gunden 4 saatlige indigim oluyor. cok kisa vadelileri aramak icin de 30-45 dakikalik zaman araliklarini kullaniyorum). Bu kez 45 dakikalik tabloda asagi meyilli bir accumulation (toplama) trading range (meali islem araligi galiba) tespit ettim. Turuncu cizgileri takip edin, 0.0001076 direncini yukari dogru kirarsa hacme bakin. Gozle gorulur bir artis varsa testi muteakiben satin almalara baslanabilir. O hattin %1-2 altina da stop loss koydunuz muydu (0.0001059 diyelim) tadindan yenmez. Spring action oldugundan suphelendigim harket esnasinda islem hacminin azalip sonra da artisa gecmesi, fiyat hareketinin de karakter degistirme isaretleri gostermesi beni hemen haber vermeye mecbur etti anlatabildim mi? Yanilabilir miyim? Bal gibi yanilabilirim. Tatli tatli yani. Zaten amacim hakli cikmak degil. Tutarlica para kazanmak, kazandirmak. Not: Yatirim tavsiyesi olarak almayin, ogrenim amacli, daha cok bi abi nasihati gibi, neblyim uyandirma servisi gibi alin olur mu? Not 2: Turk musun kardesim? Su Ingilizce terminoloji kullanmami affet, ben biliyorum az Turkce.
A
by parababoli
LINK Spring is here!Ecnebice baslik attim ama tum analizlerimi Turkce yapicam. Memlekete faydam olsun bari. Arada bir yabanci dilde yazarsam artist demeyin. Huzurlarinizda Wyckoff teknik analiz prensiplerine gore olasiligi yuksek bi spring action. Yavastan burayi kullanip Wyckoff prensiplerini anlatmaya basliycam. Spring action dediginiz sey zemberek, yani o hattin altinda gerilip gerilip fiyati yukari firlatabilir. Diger ihtimal de, tahmin edersiniz ki, kendini yukari atmayi beceremez ve kara dehlizlere dogru duser. Sasirdik mi? Durum su: Fiyat AR hattini kirdi. Ilk testinde geri cikamadi. Ancak hattin altina kirilirken de, test ederken eksik olan bi sey var. Ne arz, ne de talep hacmi yukselmedi. Iste burda suphelenmeye basladim durumdan. Bu hareketliligin BTC'deki oynakliktan kaynaklandigini dusunuyorum. Aylarca durdu, simdiyi buldu, Volum olmamasi ne demek, LINK'i alan yok, satan yok. Temelde saglam bir coin oldugundan, satin alanlarin bir cogu elinde tutuyor. Yoksa dusecek olsa simdiye cakilirdi. Cakilmamasi iyiye isaret. Ama BTC durulmadikca, LINK'in yukselisini kisa donemde biraz geciktirebilir. Ortam sakinlediginde LINK eger dirence donusen AR hattini kirabilirse, test etmesini bekleyip satin almalara baslanabilir. AR hattina, ya da risk hesabiniz neye elveriyorsa belirli bir mesafeye stop loss konulmasi elzemdir. Yok, ben stop loss filan kullanmiyorum Allah ne verdiyse derseniz, siz bilirsiniz. Ben yine de korunun derim. Mayis ayinda New York'teki Blockchain Consensus'ta olucam. LINK'in gelecegi acisindan dananin kuyrugunun kopmasini bekliyorum. Bi sey duyarsam haber ederim. Not: Yatirim tavsiyesi filan degildir. Sonra kafama eksimeyin. Riskinizi hesaplayin, kaybetmeyi goze alabileceginiz miktarla yapin su isi.
by parababoli
1
USD/TRY Technical Analysis since I was a kid. What is the next?No one has a crystal ball for the Forex market, but what we do have to look at is history. Although past performance does not guarantee future results, when it comes to the Turkish Lira’s current situation, history shows some alarming parallels. The patterns do repeat themselves -- and with good reason. The stock/ Forex market is governed by a set of two principles: supply and demand ; and fear and greed. Both are based on human nature, and human nature doesn't change. In a bear market, all stocks are taken down. Greed gives way to fear, and investors can't sell fast enough. But the smart money sees value in the best stocks and will begin accumulating shares, bidding these stocks up. So, when the market hits bottom, some of these stocks will have already built bases and are back near highs. They get ready to break out and rush to new highs, leading the way once a new bull market begins. And these bases have certain characteristics that show up repeatedly in market cycle after market cycle If you asked 10 people about their strategy you will find one trader among each 10 people. 9 out of each 10 people become traders then end up losing money after few month, weeks or even days. The only person who keeps making money from the stock / Forex market is the smart trader and not the gambler . If you want to make money from the stock market then you must shift your mindset to become more of an trader / investor than a gambler. Gambler might make some profit on the short or even the medium term but sooner or later they end up with losses. Let's start our analysis; After the economic crisis in Turkey ( in Feb 2001 ) , USD / TRY parity was almost stable between 1.3 and 1.6 for 10 years!!! It was not the best investment decision at this time after taking the huge profit! It was 950% up from 1988 to 2002 ! The breaking point was when I decided to leave the country, I am not joking at all. Look at chart. :) One month after I left my hometown, It was a general election in Turkey. Turkey's 17th general election was held on 12 June 2011. Justice and Development Party re-elected with 49.8 % of the vote. And, TRY lost the game against Dollar again. So, How can you understand that it was the best time to buy as a long investor? The first thing I would say is always bet less than 5 percent of your money on any one idea. That way you can be wrong more than twenty times; it will take you a long time to lose your money. I would emphasize that the 5 percent applies to one idea. If you take a long position in two different related grain markets, that is still one idea. The next thing I would advise is to always use stops. I mean actually put them in, because that commits you to get out at a certain point. Pick the weekly chart and look at the chart carefully. 1 ) The 10 years resistance level is broken 2 ) Volume was getting increasing 3 ) MA 50 passed MA 100 4 ) The candle was above the uptrend-line 5 ) The candle was above MA 100 Since May 2011, The candle was always above MA 100. The last time the candle touched MA 100 was in Feb 2013. OK, got it. So, When is the best time to convert TRY to USD for a long time? Be specific. 1 ) When the candle touch MA 100 ( Last time was 6 years ago ) 2 ) When the candle touch MA 50 ( It touched at least once last 17 years, except 2 years - 2015 and 2018 ) More specific? 4.85 and 5.22 will be the next best areas if it drops. If not? Watch out MA 50. Since Nov 2018, The candle was first time above MA 20 , It is a bullish setup for Dollar. Sorry for TRY! USD is super strong as long as it is above MA 20. Today it’s not enough for you to just work and earn a salary. To do the things you want to do, go the places you want to go, and have the things you want to have in your life, you absolutely must save and invest intelligently. The income from your investments and the net gains you can make will let your each your goals and provide real security. No one can hold you back but yourself. What is the USD to TRY exchange rate today? The USD/TRY Forex rate is 5.4 today. Will Dollar to Turkish Lira exchange rate grow / rise / go up? Yes. The USD/TRY exchange rate can go up from 5.442 to 6.42 in 2019. Is it profitable to invest in USD/TRY Forex pair? Yes. The long-term earning potential is +18% in one year. Argentine peso JUST HIT the ATL again vs USD dollar THIS WEEK. Last 20 years, Their historical graphics have been identical. Dont surprise if USD / TRY hit 6.42 again. ( All-time highs near 7.24 on August 13, 2018 ) To be successful you always have to be one step ahead of everyone else. **You are an investor / trader, not someone who can predict the future. Base your decisions on real facts and analysis rather than risky, speculative forecasts. ***Nothing shared or published by me constitutes an investment recommendation, nor should any data or content provided by me be relied upon for any investment activities. I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.This is not trading advice, and should be used for educational purposes. Do not invest what you cannot afford to lose.
Long
by CryptoEngineering
Long term my view. IT came to upper band. amazing. 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 wrong of course.. but i am doing this.... so far i have loss..
Short
by UnknownUnicorn467863
4