Charts Of Charts! (Grafiklerin grafiği!)
~1 year ago I've noticed this arc trend but I didn't want to share to manipulate minds which can boost movement. But, these days, I started thinking that the more people see this, the more likely it won't be happen, and I decided to share it. As you see, whenever it touches to arc, price makes a sharp jump. The first target seems to be around 8.50. As a profit take point, 8.49 more could be guaranteed.
I'm really upset to share this idea, I HOPE IT WON'T HAPPEN!
Yaklaşık 1 sene önce farkettiğim bu yay trendini daha önce sizinle paylaşmak istemedim çünkü hiç kimseyi böyle korkunç bir tabloyla yüzleştirip durumu daha da kötü etkilemek istemedim. Fakat son günlerde ne kadar çok kişi bunu görürse gerçekleşme ihtimali daha da düşebilir diye düşünmeye başladım ve paylaşmaya karar verdim. Teknik analiz tamamen sert bir yükselişi işaret ediyor gördüğünüz üzere fiyat çizgisi ne zaman ki bu yaya dokunsa sert bir sıçrama yapıyor. ilk hedef 8.50 dolayları görünüyor. Kâr alım noktası olarak 8.49 daha garanti olabilir.
Bunu paylaştığım için çok üzgünüm, UMARIM BU GRAFİK HİÇ BİR ZAMAN GERÇEKLEŞMEZ!
USDTRY
USD/TRY: very global look.Hi everyone! I present you very global view of pair of USD/TRY! I don't like to do global forecasts as about them then all forget, and the idea leaves somewhere far. But I decided to show to you the vision of the situation in week the graph. I consider that now the movement down to the line of a trend will begin. Thanks for attention! Success in trade!
USDTRY Is Flying High While Other Markets Remain Stagnant!The USDTRY is climbing fast while other markets remain stagnant. This is why we always want to have
a strategy that works in all markets as our money will always be working for us.
In early August 2020, price broke through a major level of resistance and is not looking back.
The trend that has been established is moving better than we could have imagined and this usually
happens when investing.
Assets will tend to trigger a position and then over time, the movement speeds up unexpectedly.
This is why we want to remain in a trend unless there is a good reason to exit.
The main reason we would exit would be if the trend has come to an end and this should be
stated in your Trading Plan.
Price has climbed 16.62% since breaking above resistance and we are seeing an extra thrust this week.
Momentum is good but we have to remember that it will not last so we need to be prepared to collect profit
and not give it all back to the market.
The next level we want to see price move towards is the 9.0000 round number.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Scenario: return by means of "Fiffi" theory @ USD/TRYUSD / TRY is already triple (D1-H4-H1) overbought. If the the first D1 candle close above the north BB, the course probably turn to the middle band. Target price is 7.30000. Technical resistance: 8.50000 (magic number)
The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!
USDJPY accumulating more bears#USDJPY (4H):
Yesterday the price started pushing to the downside but a wider view revealed a possible bearish flag forming. Also, we saw the price getting rejected from the 50% fib level (psychological).
Currently the price is trying to fakeout the third lower trendline touch, which could lead to another retest of the sell area
The pessimism over a deteriorating Turkish economyIt looks like the lira will continue its weakness due to the surprising decision from Turkey’s central bank made on Friday. Investors have been disappointed over expectations that it would raise its interest rate – now that it kept the rate as it is, investors will keep pushing the dollar up. Geopolitics, as well as the possibility of another coronavirus wave, will also stir pessimism over a deteriorating Turkish economy for a longer time than its government forecasted earlier this year. The pair’s 50-day moving average has been surging above its 200-day moving average, and it will continue to do so until the Turkish economy begins to show workable progress towards its economy. That probability is getting thinner and thinner by the day. Even then, the US stimulus packages are unlikely to pull the greenback down against the lira, even as its value decreases over what could be a 2 trillion US dollar package for suffering businesses and states.
USD/TRY: sure longHi everyone! In pair of USD/TRY it will be certain release from the trend line. Technical indicators speak about the same. The next resistance on pair is located at 8:15. Risks according to the transaction are minimum as SL is located close.
So, I offer: purchase on 7.7620
purpose 8.1290 (it is a little resistance)
SL 7.7349
Of course, self-assured can buy already now.