Usdtrylong
USD/TRY, powerful move is comingYou will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
USDTRY 4 hrsI would consider buying USDTRY before the European session starts tomorrow morning 6-7 am UTC when spread is the smallest.
The move is likely to end CAM R5, we broke the April roof. By the end of April we should be at ca 7.255.
There also other technical reasons for this on which I will not elaborate.
This pair has very high spread in the night and it will not move in the night much anyway.
This is no financial advise.
Top Absolute Correlation 4 hrs
1 USDTRY - USDZAR 93.0%
2 USDTRY - USDCNH 92.2%
3 USDTRY - USDCAD 91.5%
4 USDTRY - ZARJPY -91.5%
5 USDTRY - EURTRY 91.3%
6 USDTRY - EURZAR 90.8%
7 USDTRY - SPA35 -89.6%
8 USDTRY - CADJPY -88.5%
9 USDTRY - BIO30 88.3%
10 USDTRY - CNI30 87.9%
USDTRY 1D long idea Important !
Any SWAP agreement with international
central banks, such as ( FED , PBOC ..) .
or any IMF agreement ( even it's a very
very weak possibility ) will make this
analysis cancelled >
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price movment
behavior which may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your own vision .
To protect the capital and manage your trades and trading successfully
the maximum loss in each trade for the same pair or
commodity in the same direction should not exceed ( 2% ) of your trading capital .
Good luck >>
#USDTRY LONG.. We have been observing a horizontal trend for a while in USDTRY.. In the four-hour chart, we see the ascending triangle pattern.. The falling wedge pattern is clearly noticeable in the RSI, and if the pattern works, the upward price movements may harden and the peak point of 7.20 can be tested.. Also; I think the reference values (54) and (45) in RSI are very important in the short term, these values can be considered as an important indicator in terms of price movements.. Moving averages (ma5, ma8 and ma13) and gator are about to return to positive, it seems highly likely that the correction wave will remain short again..
My personal opinion; In the direction of price movements in USDTRY, the impingement will show a sharp upward break after a while and 7.20 peak point will be tested in the near future..
Disclaimer: Not investment advice.. Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
#USDTRY ANALYSIS.. ABOUT THE MARKET CYCLES.. I think it is quite meaningful to analyze #USDTRY within the framework of market cycles rather than classical technical instruments..
From my point of view we are very close to the part where USDTRY will experience sharp increases in the market cycle.. If we approach the daily chart from a wide window, we can easily see that very similar movements are repeated in #USDTRY.. I expressed in the graph the movement I expected to be in the medium term..
In particular, I think that we are entering a period in which the dollar will grow stronger on a global scale and the results of this will be bad for the currencies of developing countries..
Disclaimer: I am not a financial advisor.. Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
USDTRY LongIt has just surpassed the 6.79 level, and is now heading to the next level at 7.10.
The MACD is also showing us some bull strenght, and it the candlesticks were strong surpassing the 6.79 lvl (forming two white soldiers, on the 4H chart, and i believe it'll get to three white soldiers)
We can also see a strong bullish trend starting around the early days of March, which was tested a second time in the end of this month and a third time 5 days ago.
The 6.79 level was tested a few times since the start of April.
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.
#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.
LINKUSDT 1H CHAINLINK Binance Futures - MACD/RSI DivergenceWe're seeing a significant and pretty clear divergence in the RSI and MACD on both the 1 hour and 4 hour charts indicating a potential trend reversal to the downside 618 fib.
My trade entries will be shorts at
4.65
4.68
4.70
4.85
@ 25% of my initial risk size.
I recommended trading with 5% of your stack on this particular trade.
Take Profits (TP)
@
4.2
4.4
4.45
4.5
ALWAYS REMEMBER TO USE A STOPLOSS
For this trade I would recommend setting a heavy stop loss at 5.05 and 4.8 where we are seeing some heavy resistance
With the pattern intact we should be seeing the trend reversal within 24-48 hours and given the momentum of the previous movement range, we should be capped at about 4.1.
Thanks for reading.