what will happen morethe price reaches to so narrow area of that triangle< no one can be sure that the price will go up .
no one can be sure that it will go down .
just observing
USDTRY trade ideas
USDTRY 4H (stable at upward zone) target 14.50USDTRY, by the four hour candle can make stablize above the resistance line so i expect will continue to getting the 14 & 14.50.
—-
Upward
Entry.: Above 13.50
Tp.: 14.00& 14.30 &14.55
Sl.: 13.30
USDTRY - LONG TERM SELLbesides the medium-term SELL weekly RSI 93.0 and the Daily RSI 80.0 the MONTHLY RSI is almost 89.0.
We are about 1.50 pis above the BB top and viewing history, the correction was severe downward. Further, we have HAMMER TOP on monthly chart, a signal that suggests we may turn the tide.
I remain having the view SELL is the way to go, and regardless we may see some spikes, this is opportunity to add small increments to our existing shorts. the monthly chart objective is likely to be 9.0000. For the weekly chart its 10.3700 currently.
USDTRY- 10Dec2021USDTRY- 10Dec2021
On the H4 timeframe, prices are consolidating near the highs. Market participants are awaiting for Turkey's central bank announcement on the 16Dec21 for further indication. However, we could expect price to bounce to the weekly impulsive Elliot Wave 5 at 1st Resistance at 14.38 before facing bearish pressure.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY 4H (goal is 14.50 ) if break 13.88US dollar vs Turkish-lira, now have a strong power to break higher recording price at 13.88 and it look to 14.55.
—
Upward
Above 13.5g0
Tp.: 14.00& 14.30 &14.55
Sl.: 13.30
Here is my analysis for the #TURKISH_LIRA #USDTRY #XU100 50K pipHi
I will sell the #usdtry from 9.3 to 9.5 in long-run investment targeting 33000 pips before 26Jul2023 and 52000 pips before 2026
Good luck...
USDTRY- 09Dec2021USDTRY- 09Dec2021
On the H4 timeframe, prices are looking rolling over. We could expect it to pull back to 1st Support at 13.30403. With RSI forming negative bearish divergence, we are waiting to see whether USDTRY is finally pulling back.
This is for personal record purposes only, not financial advise or solicitation of trade.
Usdtry
Hello and welcome traders to another trade idea
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Usd/Try Update (Still active)This pair us a really tricky one to trade and most people do not like to trade it. The spread is very high! Just a 0.05 trade can put you in the negative 30 to 50 dollars depending on your broker.
My suggestion is if u want to trade it , u could trade it at 0.01 and still make $200 easily. My lot size is actually smaller than that. I have 3 positions of 500 units which is half the size of 0.01. So my lot size is 0.015
Thus pair has formed a weird looking double top pattern on the 4 hour time frame. I see this as a reversal and I'm holding with 3 take profit levels
Fiat Money FlowDJI, Bitcoin, XAU etc included fiat money flow. You can track money flow in larger area.
usdtryThe volume does not support the increase in the dollar exchange rate. Especially after 11, the volume is very weak. The volume profile seems to be absent at these levels. Also, there is negative divergence in daily RSI
USDTRY Rally Analysis. Where Will It Stop?Seems like Erdogan has no signs of slowing down on ruling Turkish Central bank. We all see what is it fraught with:
Check out my analysis on this situation here:
forexezy.com
Despite a bullish view on USDTRY pair, I (like many others) wonder when will this end? Please, share your thoughts in comments bellow
USDTRY - CONTINUE SELL USDTRY tried $ 14.00 and so far failed to go above it.
The FALSE BULL FLAG pattern, plus the GANN fan resistance and RSI weekly and daily both extremely overbought, still means SELL is the way to go.
No change in view. I feel 10.05-10.30 medium-term can be seen, and short-term decline first to 11.60.
USDTRY- 08Dec2021USDTRY- 08Dec2021
On the H4 timeframe, prices are rolling over. We could expect it to pull back to 1st Support at 13.30403. With RSI forming negative bearish divergence, we are waiting to see whether USDTRY is finally pulling back.
This is for personal record purposes only, not financial advise or solicitation of trade.
Usd/Try (Don't Miss This Trade)A sell signal has printed on usd/try on the hour 4 chart.
You need to be careful with this pair and use risk management because it is a exotic and can move hundreds of pips quickly.
This idea is based on support and resistance trading
USDTRY analiz💰Fxone4all 💰FOREX💰,
🔴USDTRY (short )
Sell limit : 13.7/ 13.9
🔸TARGET💰
🔹 12.5
🔹 11.5
🔹 10.05
🛑 STOP LOSE : 15
USDTRY- 07Dec2021USDTRY- 07Dec2021
On the H4 timeframe, prices are consolidating near the ATH. With RSI forming negative bearish divergence, we could potentially see a last impulsive move to Elliot Wave 5 at 1st Resistance 14.4735 before reversing.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY - CONTINUE SELL USDTRY continues to be my favorite sell strategy.
Top is likely to be confined at 14.0500 and objective medium-term still 10.05-10.38.
USDTRY- 06Dec2021USDTRY- 06Dec2021
On the weekly, there is a 3 white soldiers formation. Price could certainly pause for a breather this week.
On the H4 timeframe, RSI is already forming negative bearish divergence thus prices could catch a breather this week. Keeping also in mind that prices also have the possibility to surge up to weekly time frame Elliot Wave 5 target at 14.385.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRYHello and welcome traders to another trade idea
USDTRY LONG
The main targets in the event of stability above 13.845
First coin target 14,439
2nd coin target 15.04
3rd Coin Target 16.298
Comment: If the uptrend breaks the targets that can be tested
12.69
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
lirai still think lira can be worth less against the dollar in near future.
for now we will have a little price correction
