USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance Looks like it might bounce from here If you don't trade now it will be fine I will update as soon as the market changes
Sorry for my English it is not my native language.
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USDTRY
USDTRY 4 Hour ChartThis is a test chart for my modified predictive indicator.
The red arrows are stops.
High and Low points can occur on the white vertical line (Daily Swing Prediction line) or within three candles on either side of a white vertical line
The trade is entered when a candle crosses the White vertical line (Daily Swing Prediction line) and there is a change in candle color. After the candle color change the first candle to be completely captured by the 4 MA is the trade entry candle.
The trade is exited when a candle crosses the White vertical line (Daily Swing Prediction line) and there is a change in candle color. After the color change the first candle to be completely captured by the 4 MA is the trade exit candle.
💡Don't miss the great sell opportunity in USDTRYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 13.3034
TP2= @ 13.1461
TP3= @ 13.0009
TP4= @ 12.8630
TP5= @ 12.6840
SL: Break Above R2
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💡Don't miss the great sell opportunity in USDTRYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 13.3034
TP2= @ 13.1461
TP3= @ 13.0009
TP4= @ 12.8630
TP5= @ 12.6840
SL: Break Above R2
❤️ 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 ❤️
USDTRY- 31Jan2022USDTRY- 31Jan2022
On the weekly, this would be the 5th week USDTRY is consolidating after a bounce from 10.40.
On the H4, price tested the 13.62 crucial pivot several times but have not been successful. Price action remains calm for now as we wait and monitor the next move.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD analysis 28 / 01 / 2022Every major trend move also creates a resistance zone , and it cannot continue in the direction of the trend without breaking this resistance zone . I have drawn this resistance channel (blue channel) for you and I am sure you will not find this drawing anywhere else.. I have also indicated the resistance (purple) and support (red) Fibonacci levels in the analysis.
I will add date to my ideas because I will publish everyday
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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDTRY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDTRY- 24Jan2022USDTRY- 24Jan2022
On the weekly, price seems to be forming a bullish consolidation for the last 4 weeks. If the price continues further consolidation, we could expect USDTRY to move higher.
On the H4, 13.62 remains the crucial pivot. If the price can close above this level, we could expect it to bounce higher to 1st Support at 14.2250.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 20Jan2022USDTRY- 20Jan2022
Not much have changed for USDTRY, still consolidating sideways. The longer it takes to consolidate below the MAs, the higher the chance of the price dropping to 1st Support at 12.4850.
This is for personal record purposes only, not financial advise or solicitation of trade.