Usdtryanalysis
USDTRY AttentionHello friends, I wish you all the best.
I shared the necessary information on the chart.
He made 3 peaks 2 times and had a correction.
It is useful to be careful after this point.
He can make the last 3 hills and go to the big correction.
This analysis is not investment advice.
If my sharing has helped you and has an idea, you can like and support it.
stay tuned for new analytics
USDTRY Hello friends, I wish you all the best.
I see the dollar as the 6.93 critical place.
It is useful to be careful that it can throw 7.04 needles and close below 6.93.
If closing above 6.93 comes, there is a possibility of going up to 7.36.
This analysis is not investment advice.
If my sharing has helped you and has an idea, you can like and support it.
The nonsensical USD Rally is Finally overForget the rush to safety, the USD will break. It has to break because the whole world depends on it for liquidity. The greenback must crash as a #coronavirus safety valve.
TRY averaging with positive swaps. Short the double bar bear reversal pattern with high trading volumes until it breaks!
#USDTRY tahmin edilmesi zor olasılıkDolar TL 6.5TL de direnc görüp tekrar 6TL'lere gevseyebilir. Sonrasında 7 TL görülebilir.
Fakat yaklaşık 1 sene sonra öyle bir düşüş dalgası olabilir ki 3.5TL'den 7TL'lere cıktığı gibi düşüş rallisi yapabilir.
Unutmayın bu sene öyle bir sene ki yıllardır beyinlere yerleşmiş her ne varsa yıkılma zamanı.
Finansal piyasalarda sok üstüne sok görme zamanı gelmekte.
Amerika tuvalet kağıdı üretir gibi dolar üretmekte.
Eğer corona virus sebebi ile millete havadan para dağıtılmaz ise gelecekte bu hareketi görmemiz çok olasıdır.
Bu seferde paraları ile TL'ye güvenmeyip dolar alanlar kaybedecek.
USDTRY AnalysisHey Traders,
I hope everyone is having a good time as the year is ending and new one is beginning soon; I saw this market or the dollar-Lira which the market has broken the resistance area and then retested, if the market holds above this level and the breakout turns to be real one, then the Lira is going up, my target is the second resistance area which the wig the market made 26th of Aug this year. however, if the breakout turns to be a fake breakout, then the market is gonna sell-off around 5.80 as my level of support, then the market will decide where to go then.
Here is the trade setup
Scenario 1: Long Trade Setup
USDTRY Buy at 5.93133
Stop Loss at 5.8960
Target Profit at 6.03960
If market movement is now fake and the current support area is broken, then the market would turn into short and here is the second scenario for it:
Scenario 2: Short Trade Setup
USDTRY Sell at 5.88000
Stop Loss at 5.9580
Target Profit at 5.8000
Good Luck and happy new year!
ridethepig | USDTRY 2020 Macro MapWith the year almost up, a good time to update the USDTRY chart. Smart money has been tracking Turkish rates, the short end has been screaming weakness and markets not interest in any more BS with the dictator in charge. S400 remains a thorn in the shoe and blackmailing to close NATO bases is leaving a nasty aftertaste.
For those who have been tracking the previous swing, the underlying Lira weakness is set to continue over the coming years with an eventual grind towards the widely tracked 7.8xx target since 2018.
Expecting markets to remain on the back-foot as long as Erdogan remains at the helm, this will dislocate from the USD devaluation as simply the TRY side is far weaker... all short and medium term flows will lack follow through so targeting 6.00 in Q120, and 6.50 in Q420 seems reasonable. For those really wanting to stick the knife into the bearish TRY story 7.80 in 24m.
Thanks for keeping the support coming with likes, comments, charts and etc. And as usual the comments are open for all.