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USDTRY

USDTRY 7.50328 + 0.27 % SHORT IDEA * STRUCTURE & PRICE ACTIONHello everyone Hope everyone is good having a good week in the markets... here's an idea on the DOLLAR/ TURKISH LIRA. * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
USD/TRY Break uptrend? 10 cents by 2022? I am slowly getting into forex, Played with ti a little bit. When I went to turkey end of Jan exchange for tourists were still great but i went jan 31st and left feb 7th and When I got there it was around 1USD was 7.32 Turkish Lira. By the time I left (Feb 7th) it was nearing its bottom before the spike from from 6.92 to almost a full dollar more in less than a month to 1 USD $7.78! I see the power of FOREX and this will be the Next journey! Been doing some research. Lets go.. Money never stops!
Long
by ArmaanOG
Forex-second love🔥Wolves, this idea is for forex traders🔥 There is an ascending triangle on USDTRY on big frame. There was a strong bullish movement before but now the price is in a consolidation. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
2
USDTRY 7.64331 - 1.26 % LONG IDEA * CONTINUATION & STRUCTURE Hey everyone Here's a look at the DOLLAR / TURKISH LIRA * Many stars aligning with the Bulls on the lira the pair traded in a descending channel broke with the bull and we've been in a beautiful uptrend since. * looking for continuation patterns as we are already trading in one which is the bull flag, trading at a key level. * momentum with the bulls will be the trigger and price action * follow your entry rules on entries * significant moves with the bears change the plan. * TIGHT SL lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
6
USDTRY 7.347553 0% LONG IDEA * CONTINUATION PTTNS & PRCEGood day everyone Hope everyone is having a good one in the markets this week. ^ Here's a look a the DOLLAR / TURKISH LIRA * The pair broke out of the descending channel structure and pulled back for a retest of this structure signalling continuation. * Currently traded in a bull flag which saw a break above and a pull back to retest structure also possibly signalling continuation of this move. * Looking for the bulls to continue their rally to the upside Targeting resistance level 7.62266 * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
USDTRY 6.94765 - 0.25 % LONG IDEA * PRICE ACTION AND STRUCTUREHELLO EVERYONE Hope everyone is having a good one as we head to the next week in the charts, Here's a look at the DOLLAR / TURKISH LIRA FROM A 4H perspective * The pair has been on a down trend in a descending channel structure that has been respected. * Currently range bound in a symmetrical triangle structure which could breakout in either direction so price action will come into play * Good opportunity for intra-day traders to trade the roof and base of the structure * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
2
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (7.00000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Take Profits: TP1= @ 7.26750 TP2= @ 7.50000 TP3= @ 7.77550 TP4= @ 8.04150 TP5= @ 8.57500 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 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 ❤️
Long
by ForecastCity_World
19
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (7.00000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Take Profits: TP1= @ 7.26750 TP2= @ 7.50000 TP3= @ 7.77550 TP4= @ 8.04150 TP5= @ 8.57500 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 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 ❤️
Long
by ForecastCity
12