USDTRY
USDTRY Descending Triangle is hereDescending triangle, one of the sell signal technical patterns is visible on D chart. Still, MA200 is a reliable support area.
RSI is below 50 levels.
My play is sell, with S/L at 5.70 and T/P at 5.43
usdtryusdtry currently consolidating between 5,6980 and 5,6580
looking for short position after breaking 5,6429
BUY - After the breakout.OANDA:NZDUSD -----------------> Details on the chart.
Happy weekend,
Pipdify,
Tamilkumar
ORBEX: USDTRY Makes A Difference! EURGBP How Much More Down?In today's #marketinsights video recording I analyse #EURGBP and #USDRY
#EURO and #POUND pressured from Stronger DOLLAR:
- Following Trump transcript release
- Partial deal with Japan
- Close US-Sino deal Trump comment
- ECB's Germans board member quitting
#EURO also pressured from:
- Spanish PPI
- US-EU tensions
- EU-UK tensions
#POUND also pressured from:
- BoJo's comment to leave whatever it takes
#TurksishLira supported by:
- Weaker oil
- Positive sentiment after IMF report
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
USDTRY / Technical ChartUSDTRY
Cypher pattern !
If u think this Analysis can be useful leave like&Comment !
USDTRY Huge potential upsideThere is a huge potential for the currency usdtry to test August 2018 levels.
What you need to know to trade on USD TRY this week?US dollar fell by 180 pips against Turkish currency during Asia session on Monday. Now you need focus on two main technical aspect of this currency pier. The first - Fibonacci level 23 (5.7410) and pattern triangular (L1-L2 trend lines). Fibonacci level served as quite strong resistance level and pushed price in the pattern. Today price may keep range 5.7080 - 5.7350, crossing of L1 and L2 trend lines will gave us the signal for this week.
GBPCHF -SELL - When price breakout.OANDA:GBPCHF -------------Details on the chart.
Pipdify
Tamilkumar
START OF THE WEEK (9 Sep - 13 Sep 2019) GUIDE | IT's A SHORT!See chart for illustration
This is a follow up on a long term speculation published earlier ( see link below for reference purpose)
BIST100 PRICE INDEX WAVES OVER 100MA & USD/TRY FLIPSBIST100 PRICE INDEX WAVES OVER 100MA & USD/TRY FLIPS
According to this idea. Buying BIST100 under 100MA and fliping to USD/TRY over 100MA seems logical ;)
This is not a trading advice.
EURAUD: ShortSubscribe at $1/month now to view our CIO's trade portfolio.
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USDTRY - Ascending triangle - Breakout trade.OANDA:USDTRY --------Details on the chart.
Pipdify,
Tamilkumar.
LONG TERM SPECULATION | FLAG PATTERN FORMATION FOUND!See chart for illustration.
Lower time frame speculation coming soon as price action is monitored
