#PKARTLast year, #pkart started to rally in November and increased by 61% for exactly 3 months, then entered a correction period for 4 months and decreased by 21.41%. After the correction period, it again increased by 61% for 4 months and decreased by 21.41% in October. In the light of what has been mentioned above, price will reach the new peaks such as long term trend upper band which approximately 38-40 TL.
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USDTRY
USD / TRY Long Setup (3-7 days)Taking the deteriorating political and economical climate in Turkey into consideration together with strong DXY, first I expect a small pullback for a retest and a strong invalidation for downtrend and beginning of highly anticipated bullish rally. A resultant median of two scenarios is also highly possible. Not financial advice. DYOR & trade responsibly.
USDTRY- 27Oct2021USDTRY- 27Oct2021
On the H4 timeframe, price is bouncing above yesterday resistance. We could expect it to continue its bounce towards strong 1st Resistance at 9.58550 and pull back from that level.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 26Oct2021USDTRY- 26Oct2021
Weekly timeframe is extended and we could expect it to pull back this week. On Daily timeframe, price is at support where we could expect a short-term bounce.
On the H4 timeframe, price is at interim strong support. We could expect a short-term bounce to 1st Resistance at 9.52150 before pullback further down to 1st Support at 9.3340.
This is for personal record purposes only, not financial advise or solicitation of trade.
USD/TRY wave analysisUlaşabileceği en yüksek fib seviyesine ulaştı. En yüksek fib seviyesinden kastım, bu hesaplama (8.65 seviyesinden reversal) , wickleri dahil ederek ve standart olarak hesaplanması gereken swing low yerine bu swing low'dan bir önceki swing low (ara düzeltmenin swing low seviyesi) kullanılarak yapılan fib hesaplamasının sonucudur.
TRY çok olumsuz haberlere rağmen bu seviyede takılmasının sebebi bu fib seviyesidir..
9.90+ seviyesi psikolojik bir direnç olduğu için buradan bu seviyeyi test edip oradan geri dönüş yapması mümkün ama bu bence marketin yapısına aykırı olacaktır.
Kırmızı ile işaretlediğim 8.40-8.90 seviyesine düzeltme bekliyorum.
7.80-8.10 seviyelerine kadar geri çekilme mümkündür, buralar geri çekilip tepki alacağı son fib seviyeleri.
FX markets to go on your radar this morningFirst off USD/TRY is heading north again. Following a diplomatic spat, the Turkish Lira has sold off again and we are out of resistance levels. So what can we use?? well you can always draw a trendline and see if there is a useable parallel line to draw. Which there is ! at 10.02 and this coincides nicely with psychological resistance at 10.00 (markets love round numbers). Do not stop there, when a market is out of resistance or support levels try to look at it on its crosses. A popular cross is TRY/ZAR and this is approaching 1.50! another key psychological level. Tighten up those stops in TRY!
What else? EUR/CHF is approaching a pivot going back for years 1.0649/29, again tighten up those stops as we could well see some profit taking.
Last but not least I shall be watching USD/JPY to see if it can lift off the 23.6% retracement at 113.31, we think it can do it! but definitely one to put on your radar...
Good luck for the week!
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13.60 or 6.56 which is possible Turkey's central bank's interest rate cut managed to raise the dollar parity to an all-time high
Next November is the time for the Turkish state to pay its foreign debts.
Even if the central bank keeps the interest rates constant until the end of the year, it is possible for the exchange rate level to reach 13.60 due to the payments to be made in November.
USDTRY LONGHello fellow traders, if you like the idea, do not forget to support with a like and follow.
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Forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors.
THIS IS NOT IN ANYWAY AN INVESTMENT ADVICE! DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADE.
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.5217).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 9.6500
TP2= @ 9.7000
TP3= @ 9.8000
TP4= @ 9.9000
TP5= @ 10.0000
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.52172).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 9.6500
TP2= @ 9.7000
TP3= @ 9.8000
TP4= @ 9.9000
TP5= @ 10.0000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.34192).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 9.48182
TP2= @ 9.56259
TP3= @ 9.69239
TP4= @ 9.80779
TP5= @ 9.94139
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in USDTRY Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.34192).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 9.48182
TP2= @ 9.56259
TP3= @ 9.69239
TP4= @ 9.80779
TP5= @ 9.94139
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USD/TRY PARALEL KANAL TEPE TESTİDXY tepki alımları alsada genel dxy trendi aşağı yönlü. Dolar tl paralel kenar üst sınırlarını test edicek ve kritik bölgede bulunmakta eğer kanal üst sınırlarından tepki yemesi halinde 1w/1mo. sfp oluşturabilir ve kısa-orta dönem düşüş trendi başlatabilir eğer kanalı yukarı yönlü kırması halinde bir başka s/r flip gerçekleşecek ve parabolik gitme şansı var. kanalın içinde kalıp kısa orta vadede kanal alt çizgisine dönüş yapması daha olası.