turgaycubuk

turgaycubuk

Comments are on the chart. Trade safe. More important: Keep your stop loss tight.

turgaycubuk

Comments are on the chart. Trade safe.

turgaycubuk

Until halving event ( 8 August) I do not expect LTC ever fall under 50DMA. Every touch to the 50DMA will be a juicy buying opportunity. BTFD mode ON. Do your own research and trade safe.

turgaycubuk

I expect USDTRY to face hard resistance at the linear resistance zone (5.93-6.07). At that time Daily RSI will have reached overbought zone again, hence, price correction towards the rising 200DMA would be inevitable. This would perfectly match the traditional MAs Golden Cross ( 50 day Moving Average crossing 200 Day Moving Average to the upside) behavior ....

turgaycubuk

If USDTRY closes the day above 5.839 , then the scope of the c&h pattern would be set to 6,51 by simple measurement method. This is not an investment advice. Trade safe.

turgaycubuk

TRY will be in big trouble If RSI closes the week under the neckline.

turgaycubuk

I am closing my last week' long entry with nice profit as the USD price could not break up the bearish descending triangle and furthermore, the bearish Moving Averages Death Cross occurred. 100 Day Moving Average crossing down 200 Day Moving Average is interpreted by analysts and traders as signaling a definitive bear turn in a market. Death Cross usually signals...

turgaycubuk

The most reliable indicators show that we may already be in the Accumulation Phase. Those who are following my technical analysis would have noticed that my analysis are mostly focused on mid to long term frames. Looking at higher time frames helps better spotting the trend reversals. To this extent, i collected some of the most reliable indicators. MACD: ...

turgaycubuk

For the USD bulls: Intraday RSI has just broken resistance triangle upwards. Very bullish. If it closes the day above the dark green line, midterm trend reversal will be confirmed. the price will spike up. If this will be the case, the nearest resistance will be 100 DMA ( currently sitting at 5.42). For the USD bears: RSI daily close under the dark green line...