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Usdtrylong

USD/TRY there has to be a correctionHi everyone! As you could notice according to my last idea the price on USD/TRY pair reached exactly in the purpose then falling continued. And now the price overcame a trend line down. However, the price is near strong horizontal support and therefore I expect correction to a trend line on level 0.382 and 0.618 according to Fibonacci. Purchase from the level of support specified on the chart. TP1 = 8.41 TP2 = 8.54 (achievement of this purpose is not obligatory, but it is possible) SL = 8.175 Information provided is only educational and should not be used to take action in the market.
Long
by Yuriy_Kuznetsov
USDTRY ASCENDING TRIANGLEHello Traders, Today, with the outperformed growth data, Turkish Lira gained around 1% made a successful retest to the breakout zone of formed ascending triangle. I expect that the currency will gain momentum to finalize the movement through the target of the continuation pattern. My target area for the currency is $8.95-$9.00. 8.95 is a nice level to take your profits and watch closely to continue, close or may be add new positions considering the facts. Thank you and stay tuned for more strategies! Please leave a like and comment what you think. Wish you have a well start of the week and trade safely
Long
by gorkemaydogan
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.4295). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 8.4585 TP2= @ 8.4850 TP3= @ 8.5110 TP4= @ 8.5510 TP5= @ 8.5855 SL= Break below S2 ❤️ 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 ❤️
Long
by ForecastCity_World
14
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.4295). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 8.4585 TP2= @ 8.4850 TP3= @ 8.5110 TP4= @ 8.5510 TP5= @ 8.5855 SL= Break below S2 ❤️ 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 ❤️
Long
by ForecastCity
7
TURKISH LIRA / DOLLAR LONG IDEA PRICEA ACTION & STRHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE TURKISH LIRA / DOLLAR PAIR . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDTRY 8.12199 + 0.5% LONG IDEA * BREAKOUT , PRICE ACTION & STRUHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - INTRA - DAY TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDTRY 8.07605 + 0.16% SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES some rules on exits & entries hope they help. 1. look at structure be it descending channels, pennants and so forth basically price action whats price doing. 2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator. 3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term. 4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based 5. price action must definitely align with the plan.' 6. structure definitely 7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. That's basically entry & exits plan basic guide lines RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
USD/TRY long: section fast transactionsHi everyone! USD/TRY pair moves in an upside channel and after small correction the movement will be continued up. Technical indicators confirm it. I expect the movement up to level at least 1.618 according to Fibonacci. Bought on 8.0371 TP = 8.7327 SL = 7.7958 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.
Long
by Yuriy_Kuznetsov
USD/TRY Break uptrend? 10 cents by 2022? I am slowly getting into forex, Played with ti a little bit. When I went to turkey end of Jan exchange for tourists were still great but i went jan 31st and left feb 7th and When I got there it was around 1USD was 7.32 Turkish Lira. By the time I left (Feb 7th) it was nearing its bottom before the spike from from 6.92 to almost a full dollar more in less than a month to 1 USD $7.78! I see the power of FOREX and this will be the Next journey! Been doing some research. Lets go.. Money never stops!
Long
by ArmaanOG