USDTRYDollar TRY exchange rate chart was out of the rising trend of 2017 . The exchange rate decline has reached the ceiling of the rising trend .
USDTRY trade ideas
20 for 1 ?if no proper economic reforms happened in turkey;
we will expect the lira to push around 20 for 1 dollar.
Otherwise , it will stabilize around 9 lira's in exchange for 1 usd.
Not a buy/sell signal nor any economic inputs were used.
TRY/USDMy simple level guesses.Let's wait and see.
(Actually I drew these levels to show the interventions of the central bank of the republic of Turkey.)
USDTRY - The Final Re-TestLet's see if this is just a dream or reality...
If it's a re-test then next month we will see a huge price action to the upside.
USDTRY - TURNS ON IT'S BEAST MODE!USDTRY Price today shows huge volatility and bulls find this current drop an opportunity. Turkey's lira goes into 'beast mode', strengthening 9% vs USD this morning, following a historic 25% recovery from record lows, after President Tayyip Erdogan unveiled a plan he said would guarantee local currency deposits against market fluctuations. Good Luck!
lir / USD dollaris that nice? :)
i think wave 1 completed
wave 2 can be continue and we will wait for wb and wc .
Correction countinously going to near 10.I predict in the previous analysis; It happened up to the end of Fibo 432. In other words, the wave3 is over and we need to correction. This correction can last up to ten Turkish lira due to the sharp drop of MACD in daily time, means it will going to middle bolinger bands or 0.70 fibo. So; after which we will have a very small correction one again.
Good luck
Starting a new uptrend in USD/TRY?As we are in a uptrend the chart broke down its channel and now it seems a retest on its bullish channel.
so we can wait for a confirmation in lower time frames to open long positions on this symbol.
This is just my own idea, i'll be happy to know your ideas...
God willing Goodluck ... 😊 👍
USDTRYHello guys
It is the turn of the Turkish lira to be captured by the waves.
Wave 3 has reached the Fibonacci level and reacted to this level and correction began
USDTRY-LONG TERM SELLAs mentioned earlier, the monthly chart RSI has not corrected enough. Judging history, we should see a move lower from current 13.50 to 10.00 to have a reasonable correction for the long-term chart.
Strategy for LONG TERM is SELL between 13.50 > 14.75 for move to 10.50.
USD/TRY ----> its going to rich to the targetaccording prior analysis try lost its worth and now about usdtry:18 it can come back below 13.5.
be profitable
USD/TRY - ShortI don't expect long anymore.
Short DXY
Short USD/TRY
Until April 2022.
This fractal is an example. It could be this kind of this.
This is not financial advice.
USDTRY- 21Dec2021USDTRY- 21Dec2021
TRY took a dive after Erdogan initiated a Rescue Plan. (Source: www.bloomberg.com)
On the H4 timeframe, price had a huge sell-off yesterday. We could expect further pull back in price to 1st Support at 11.545 from continued selling and profit taking.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY-careful BUY strategyWell, unexpected move down for many in USDTRY based on Erdogan's financial alternatives to protect savings of Turkish Lira depositers and other measures. Trimming or going long with tight stop at $ 13.00 for re-sell $ 15.25.
the monthly chart has not released enough pressure, whilst daily-chart has. GAN N support is around 13.00 area. resistance above 14.00, but noting we may correct the large decline a bit.
Strategy is careful long with a re-sell objective $ 15.00. Ultimately we will go 11.25 > 10.35. No change over all, but it has helped big time and the drop has shown that gravity eventually will assist in decline. The policy will suuport Turkish Lira if it can be financially managed by their government.
USD/TRY ----> i just say : be carefulunfortunately foreign politic of turkey shows bad news for TRY.
if they don't control it, USD/TRY will reach to 18 $ at least.
but if they control it ( so weak probability ) it may go down to 6.
so be careful .
Fibonacci channelTrenddin başladığı yerden en yüksek seviyeye göre fibonacci channel yön tahmininden çok kanallar içinde mi hareket etmiş onu kontrol etmek amaçlı yaptım yatırım tavsiyesi değildir. Yatırım yapmadan önce bakılacak bir şey değil zaten yapacaksanız kendiniz çizmeyi öğrenin elin lafıyla elin chartıyla işlem yapmayın.
USDTRY 4H ( again upward) strong upUsdtry , the politicians of Turkey it was so so bad , by each speech the Turkish Lira will inflicting.
—-
Upward
Above 16.85
Tp.: 17.65 & 18.00 & 18.50
Sl.: 16.80
USDTRY-SELL strategy medium-termUSDTRY remains defying gravity.
No change of my medium-term view, and as you can see the channel resistance and support levels are the boundaries.
The fast weakening of the TRY no doubt will improve the export base, and therefore natural TY inflows, i.e. the buying of TRY.
Medium-term we will see 12.00- 10.35 to correct the rocket upward move. The timing, who knows, but gravity will set in.
Play it safe and add very careful shorts to USDTRY.
UsdtryHello everyone . Please check my idea 💡 . 🙏
Now i opened short position
17 -18 - 19 stop on 21
And my target 14.5 _ 13 _ 10.5
Welcome to another debt crisis in economic history 6!Well, it's been 4 years since I started this serie, you might want to check it out. PA will probably try 19-20, and after that we might have a consolidation period. Conjunctural sum might have worsened.
USDTRY-Interest RatesThe 20 level is a critical level for the Turkish economy, a harsh intervention may come.
USDTRY 1 MONTH ELLIOTT WAWES FORECASTHello traders. I counted elliott waves on USDTRY 1-month chart. The price went up a lot in August 2018. The RSI indicator reached its highest level in the 3rd wave. I see a divergence in the last bullish wave on the rsi indicator. The price rose at a 90 degree angle. The price hit the fibonacci 2618 level. I expect the price to correct soon. Or I guess it goes to 3618 level.
