Usdtryanaliz
USD TRY Big Picture 1DDowntrend is finished with support line.
EMA13 plays well in USDTRY.
Must check after the elections at April 1st.
A possible agreement with IMF will probably signed so after the elections a sell strategy can be applied.
USDTRY Falling Wedge Breakout is Imminent - Long Term IdeaUSDTRY has a falling wedge formation on the weekly chart. If this week closes above 5.31 falling wedge breakout will be confirmed.
Stoch RSI is extremely oversold on the weekly chart. Tom Demark count gave a red 9 and counted extra 3 bars.
In upcoming weeks I expect a bullish rally to start.
Here is my long term trading idea:
Long at: 5.26 - 5.31
Take profit at: 5.43 - 5.75 - 5.82
Stop loss: 5.04
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
USDTRY - Get Ready For A Bullish BreakoutUSDTRY counted red 9 according to Tom Demark count. After red 9 we expect a trend reversal. Weekly Stoch RSI is at historically low levels. Bollinger Bands are very narrow at the daily chart. I expect a bullish breakout within this month. Major resistance areas are: 5.33 (daily MA20), 5.43 (fib 0.5) and 5.72 (weekly MA20). Major support is at: 5.05 (fib 0.618)
Here is my long term trading idea:
Long at: 5.20-5.22
Take profit levels: 5.30 - 5.41 - 5.70
Stop loss: 5.00
USDTRY 01.01.2019 CHART stats are like mini skirts, they show many things except you really wanna see.
that`s not an idea for trading, only for hobby :)
USDTRY / Support Channel & ABCDFX:USDTRY / Support Channel & ABCD
Don't forget to use %2 Risk Management
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
USDTRY More down side before more up sideUSDTRY will be going down for the next few weeks before continuing its rise.
USDTRY Buy Signal, 90% accuracy. The price broke up downward triangle.
It is a powerful buy signal.
1.st goal: 6.84025
2.nd goal: 7.08035
Push like, subscribe and write in comment what do you think about thins idea!
I will write accurate S/L point if this post will get 40 like.
USD/TRY - 400 Short OpportunityUSD/TRY still hasn't found a strong support and thus, a move down further below is possible.
5,42 might be the short, even mid term topMost Possible Scenario for the short-medium term
We are out of Bollinger bands , the USD/TRY overperformance might be over for some time.
Probably a short to medium term top. USD needs to consolidate before continue the bull run.
In the mean time, BIST 100 , while USD is resting will try to push for 100.000 level as a first step. Turkish manipulators will use that consolidation period to push the prices up by using the same reason why it was sold off. Cheaper TRY attracting new investors to BIST. Use the wave but never believe their bullshit
USDTRY are we going to see the 5s?If you remember the date of 23-05-18, the central bank of Turkey had made committee decisions, the Turkish lira gained about +8% and USDTRY was decreased about -8%. The history repeats, the meeting will affect a decrement upon the value of TRY positively on 24-07-18. However, at that time, if the USDTRY sees the 5s then we can say these conditions as I said.
Now the time is the wait for the key level about 4.70s. After that, we can make long to 5s.
Here is the plan;
4.65 to 4.70 long
5.02 to 5.10 short
Now is short until long levels.
Turkish Lira vs USDHistorically USD against TL , if at the major top, it will dramatically drop back and can not hoover around the top. Hovering close to top is a sign that USd is forming a continuation pattern, probably a symmetrical triangle.
Long term bulllish on USD/TRL
USDTRY - LibraPrice was around 4.66 when i notice libra and start to share it,
Going so fast, and rectangles bottom fits to target,
Lets see how its gonna play
USDTRY : (UPDATE) Possible directional support and resistanceIn the short term, the downtrend broke down and crossed the rise.
I drew up the formation formation and possible movement.
The output can be expected until weekly resistance.
USDTRY short-term road map
We will see around 4,20 record level in few days, after that there must be a down trend to 4,10 for taking a breath.
After that I am expecting 4,35.
Let's see how it will goes..
