How Will USD Bull Run Continue
USD is
- still bullish,
- has consistent volume, buys are slightly increasing since the beginning of the year.
- made the bullish flag in previous year.
- hit the bottom of the uptrend channel that validates the target zone at the top of the channel.
- Turkish economy is still in fragile-five.
Correction to 6.70 (Fib Level 0.236) is possible. It is up to you to wait for that scenario.
Entry Zone : 6.70 - 7.00 TRY (Fib Level 0.236)
Target Zone : 9.00 - 10.00 TRY (Fib Level 0.786)
Stop : 6.40 TRY (Outside of the uptrend channel)
Expire Date : Mid 2021
Psychological Levels : 9 - 10 - 12.5
p.s. This is not a trade advice. Do your own research and take your own risks.
- still bullish,
- has consistent volume, buys are slightly increasing since the beginning of the year.
- made the bullish flag in previous year.
- hit the bottom of the uptrend channel that validates the target zone at the top of the channel.
- Turkish economy is still in fragile-five.
Correction to 6.70 (Fib Level 0.236) is possible. It is up to you to wait for that scenario.
Entry Zone : 6.70 - 7.00 TRY (Fib Level 0.236)
Target Zone : 9.00 - 10.00 TRY (Fib Level 0.786)
Stop : 6.40 TRY (Outside of the uptrend channel)
Expire Date : Mid 2021
Psychological Levels : 9 - 10 - 12.5
p.s. This is not a trade advice. Do your own research and take your own risks.
Trade active
Price is entering the buy-zoneTrade active
Entrance time is over. Last chances to catch the train upTrade active
Impossible to see IHS in the channel. Target about 10 liras is explicit.Trade active
Oh my God! It works like a charm.Now the targets are : 10 in mid-term & 12.5 in long-term
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.