


FDK
Resistance for potential flagpole isnt confirmed yet, merely speculation.
A great opportunity to Long USDTRY after breakout of 2.87. There are rumors that Turkey might mitigate interest, which would mean that TL would fall drastically.
Just another chance to add Short Positions to the list. I recommend using it only if you missed out on a chance to short already and are desperate to join in.
Looking for opportunities to open short positions.
It seems, atleast for midterm that the Lira might be losing some strength, with prices possibly retreating back to 2.90's. This is a possible Long Channel that seems to be forming. If the price confirms this support line on Monday, it is quite possible that 2.90's resistance may be tested by Friday.
Buy incase of a breakout above Resistance # 2.
Not yet stable enough do say that USD will be back on its tracks up to 3.00, but it seems that the Short period is nearing its end. It might be a good idea to start looking for stable longterm buy positions .
RSI resistance. The question is how far will it rise before it starts falling. Wating for candle pattern to confirm
2.7750 for Long Term.
Classic flagpole pattern. May be a bit of a stretch but this is my view based on the fundamentals.
Possible Fibonacci Channel in which the price is about to clash with support. Incase of a break under 2.88, it would be unwise to hold a long possition until proper support were to be met
My Idea (More-so speculation) on what might possibly occur based on the short - mid term. Short Limit 2.9950, Stop- Loss: 3.00600. Take-Profit: Meh? Indecisive. If 3.0050 is broken, Buy Stop: SL: 2.97, TP: 3.0550
I believe that USDTRY will remain strong and most likely will go back to an uptrend next week...