USDTRY- 19Jan2022USDTRY- 19Jan2022 On the H4, price is consolidating within the 3 MAs. The longer it takes to consolidate, 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.Shortby TTMFS3
USDTRY-RANGE with SELL biasWelcome to dream land. The range is same every day, but slowly we are moving below cloud by default. Maybe 3-4 more days and we will have 13.60 cloud resistance. Further, strong resistance 14.23. The Donchian support is only 10.20 for now. My view remains same, SELL current 13.25-13.75 range for a move back to 11.80 > 10.20 short-term. LONG-TERM SELL 13.50-16.50 for 9.0000 objective. Shortby peterbokma225
USDTRYWhy bullish? 1) Inflation 2) Corruption 3) Brain-Drain 4) Erdoganomics 5) Geopolitical Risks 6) History (not investment advice)Longby WudorUpdated 17173
USDTRY 4H (upward)USDTRY, the price prepare to get upward above 13.80 ----- upward entry: above 13.40 tp.: 13.80 & 14.28 & 14.80 sl.: 12.80Longby SroshMayi5
Turkish Lira/ Turkiye Lira in deeper troubleFollowing our previous analysis, the Turkish Lira hit all our take profit points and began to consolidate on our resistance. I believe that traders look to exchange their Lira's for a more stable currency, hopefully one that that is performing better than the Lira before their investments become worthless. We saw the faith of investor in the Lira help boost the Lira, making it the biggest recovery in the forex markets for the year 2021. We've since seen a shift in investor mentality as the bulls pull the USDTRY market on the upside. I now anticipate the USDTRY to continue with it's bullish nature to meet our TP1, TP2, TP3 and eventually a new all time high with the USDTRY above 21 TRY per USD. What are your thoughts on the Lira? Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.Longby Mezzoforte_Privilege2213
USDTRY-RANGING down side biasNo change in view, and in fact rates are still the same as yesterday and the day before etc. Think we will see a move lower and short still the way to go. However, keep stop loss at 14.35 in case we break the upper range. Objective unchanged 11.80-10.75 short-term. Shortby peterbokma3
USDTRY- 18Jan2022USDTRY- 18Jan2022 On the H4, price is consolidating below the 3 MAs. The longer it takes to consolidate and close below these 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.Shortby TTMFS112
USDTRY 4H (down then upward)US Dollar VS Turkish-lira, this time the price will try to touch 13.16 and then again will be upward but it is possible to touch 12.70 also because this support is strong support will get upward --------------- down to touch 13.16 or 12.70 then will try to upward againby SroshMayi223
TRY Possible scenariosPossible scenarios for TRY against USD. The stock is followed elliot waves Time for retracement After retracement 2 possible scenarios by BlackBirdTradingUpdated 0
USDTRY-SELL strategyI am updating the strategy now the Monday has started. Further, someone requested me to forecast 1st and 2nd Quarter USDTRY so will try my best. The stochastic is currently negative again, and since we have fundamentally strong SELLING pressure upto 21st January and end of month, the cap is likely well protected 13.77-14.2500. Technically we have never been able to reach much above any of them for a prolonged period of time, and besides 14.00 never was assaulted. This tells a story and we should be taking that into account. For now, I liquidate LONG (in profit in fact), and go short in 13.45-13.75 range. Stop-loss above 14.35 (for safety reasons). My initial objective is 11.80. 1st Quarter: January I expect average 12.50, February 11.50, March 10.75. The low is expected for the 1st Quarter to be 9.75 and the high 13.50. For the 2nd Quarter we may see little higher ranges and I feel we should have an average for April 12.50, May 13.00 and June 14.00. I feel after we have declined to the lows in 1st Quarter, market will condition the rate to move slowly higher. Anyway, let's see how it all develops, and will update if any changes. have a great day everyone. Shortby peterbokma558
USDTRY- 17Jan2022USDTRY- 17Jan2022 On the weekly / daily, USDTRY pretty much is consolidating within a range of 13.19 - 13.90 last week. On the H4, price is consolidating with the 3 MAs. The longer it takes to consolidate and close above these 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.Shortby TTMFS2
Turkish Lira USDTRY Don't Try This At Home ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️Hello Traders , Today I propose an idea that I would like to discuss with you as an equal, it is not a trading signal or advertisement, I simply expose myself as an everyday Illyrian Trader. Back to us and the desire to make money every day,every minute, every second ( comes to mind BINANCE:DOGEUSDT " WoW MuCh MoNeY " ) what do you think of this asset? You seem to see the chart of BINANCE:WINUSDT , BINANCE:SANDUSDT , BINANCE:BTCUSDT , BINANCE:XRPUSDT , BINANCE:ADAUSDT not a forex asset, that people actually use. I didn't go short even though I have relatives in Turkey and actually 2 weeks ago they told me, and I quote: " If the @U*Ki#nG lira continues to fall like this, people will go to the streets and start a revolt " . I should have expected the short, I know. In any case, I will tell you my idea. There are 3 possibilities and it is very difficult for me to be wrong: 1. Reaction on 0.618 fibonacci to go and attack the highs 2.Reaction at 0.786 Fibonacci which also corresponds to the 200 periods MA 3.PoC buy and hold until 0.618 Fibnacci My advice is not to trade this asse t as long as it is so volatile but for experienced traders it is already different.What do you think? There are many great traders here from whom I want to hear an opinion without them trying to sell it or get publicity. By the way, I really liked tradingview's post about those who make analysis only for personal return. by IllyrianTraderUpdated 661
USDTRY-RANGEFor now we have not been able to move beyond 14.00-14.25 and also not below 13.00. It is boxed in and it shows that there is balance within the market. The stochastic as well as MAD are negative right now, because we are not moving higher for the last one week. For that reason am in a range mode and hope to see direction short-term soon. I have been told some days ago and again now, that there will be natural conversion to TRY due to conversion deadlines of foreign currencies to TRY. This will keep the cap in tact due to that. A move beyond 14.25 or below 12.75-13.00 would indicate the direction. The LONG-TERM correction is still a likely 9.00-10.00, but requires to settle in that area for the pressure to be released. by peterbokma663
USD/TRY LONG FROM SUPPORT Hello, Friends! USD/TRY appeared on my radar today With the recent news and corresponding price action Making me bullish on the pair Therefore, a move up is to be expected BUY! ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals121252
USDTRY Will Move Higher! Long! Hello,Friends! USDTRY current trading paterns are clearly pointing In the direction of a long trade That is why I am bullish on the USDTRY pair And I think it will go up! Like and subscribe and comment my ideas if you enjoy them! Longby SignalProvider446
still up the trendas we see the price now is touching the trend , but even if it will break it , we cant consider it as a real breaking unless it goes lesser than 13.1216 dont forget the important decision for TCMB next week on Thursday at 14:00Shortby Mohamadyaser0
USDTRY 4H (upward)usdtry. generally, it tries to get upward ---------------- Tendency: upward Entry: above 13.50 Target: 13.85 & 14.28 & 15.50 Sl.: under 12.35 —————————————-Longby SroshMayi335
USDTRY- long term SELLThe longer-term picture still has not had its well deserved correction as yet. The high from 18.37 to low 10.00s and back 13-14 range only has reduced the overbought situation, but still its very high. For that reason, for those that trade long-term, SELL strategy between 13.50-16.50 remains the strategy for now. It is expected to see low 9.00s even though fundamentals may tell otherwise, and who knows fundamentals support the new designed method by the government. Let's see how things develop long-term. Short-term range trading for now. Shortby peterbokma13139
Is USDTRY market going to correct again?We are looking for opportunities that may arise at fibo 0.236 0.736 correction.by sonersterUpdated 5
USDTRY - RANGING - small upside bias. The time it takes for a move is like watching paint dry. I am still inclined it will move higher, but stochastic turning slightly and may even go negative, and as you can observe we are completely boxed in between 13.10-13.95 and most activities in the beginning trading at 13.75-13.85 and then we declined suddenly 13.10 and then returned back to 13.50-13.65 range. Not much fun watching it. The Donchian channel does not explain much as well, but we only state from Ichimoku cloud, that we are above the cloud and as long we are, we are in positive territory. For those with patience, BUYING still preferred, but resistance 14.23 needs to be overcome for a large up move. Similarly, below 12.60-11.80 would suggest lower levels. For now I place USDTRY as a range only with small bias to upside. As a note, hearing there was intervention and the currency was capped at 14.00, and further conversion of USD to TRY may explain the story. It is nice of some people who advised me that information. Medium-term - Long Term We stillhave unfinished business on the medium0term to long-term picture. The RSI of the monthly chart is very high and this requires consolidation and correction. That is why the USDTRY is a SELL between 13.50-16.50 for now and the correction is likely to bring it down to 9.0000. I know it is hard to believe, but this is the technical picture for now. by peterbokma2
USDTRY correction phase goes onThe latest bullish pin bar shows that a market maker is indeed in the background.by sonerster552
Turkish Lira - Big Frame TAHello. According to my (theoretical) Model, Lira is Trading in a exponential downward curve channel and about to drop arround 50% soon. Its currently Trading near the Support Curve, after we saw a 2nd Retest and i think its about time we go to median and Resistance Curve. Thats where i plan to buy Lira. Personally not shorting Lira. Its pretty theoretical yet, but lets see what the coming month´s bring. Do yourself a favor and do your own Research. Please leave a like if you liked this. :)Longby Symbio_XUpdated 171727