Mohamadyaser

Mohamadyaser Updated 

As we see we have three points those push me to think that the price will go down again 1-Hidden bearish divergence. 2- bear flag. 3-false breakout İf that happens, you know how to determine the goal, right?

Mohamadyaser

This is important week for all currencies, especially the weak ones

Mohamadyaser

for weekly frame the negative close made negative divergence that will take the dollar index ti 105.8 first the to 15.225

Mohamadyaser

the target is 105.885 - 106 >lets see and observe the last 4 hours candle is so strong one.

Mohamadyaser

The price closes to the upper line of the bullish chanel, maybe it will do false breakup then fall down to 15.3

Mohamadyaser Updated 

the price reaches to strong support zone , if it will go down more the next support will be around 1.06380

Mohamadyaser

it looks that the price made positive divergence with RSI , it looks like it will retest the white trend

Mohamadyaser

as we see the end of price cycle is 101.315 , of course it will not go there directly , some corrections will happen

Mohamadyaser

We shouls observe closely, its historical area for supporting and resistance

Mohamadyaser

The price reached to the upper line of that wedge Good luck

Mohamadyaser Updated 

As we see there was a negative divergence Doji is there also When the both come together that means correction will happen. Maybe to 96.770 {0.23 fibo} or 96.360{0.38 fibo} Let's observe

Mohamadyaser

that pattern will take the price to 20000 $ < its historical area that made resistance before , adding that moving average 50( orange color) crossed moving average 200 ( white color) from up to down its just an opinion

Mohamadyaser

With the news about the prime interest rate İt it will affects the cost of bonds and currency, precious metals, real estate.

Mohamadyaser

as 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 14:00

Mohamadyaser

This is the fourth time the dollar index got the support from the same area, lets see how it will go

Mohamadyaser

ABCD is simle and good pattern to use, good luck for all

Mohamadyaser

If the price pass moving average 100 (red one), it will go to moving average 200(blue one)

Mohamadyaser Updated 

we should not be worry because of the new, chart is telling us every thing if it will go down we knew where we can buy m if it will go up we know where we will sell step by step