Parabolic curve pattern on daily usd/try chart. "7.08" is the highest level on 2018 pump. Also RSI shows bearish divergence. "6.24" is my target.
With respect to my idea, Lira is going to collapse and it's last chance to buy dollar for the local investors. 2018 August was the 1st impulse, the final target is 13-14 area -not sure how quick it will be achieved though.
Mavi hap mı pembe hap mı Neo? Kırmızıyı vatandaşlar aldı.
Yükselen Kanalı Kırarsa Hedef 6.24 desteği.
lets see if divergences work. this is a bubble lol
EURTRY is hitting the strong resistance. It may pull back for a couple weeks after long rally
TRY keep losing value everyday I expect a correction before a big move up
I am starting to trade exotic pairs now based on my strategy that I primarily use for GBP pairs that are volatility. Based on the trend, USDTRY is still going up that may break the 7.00 threshold. Follow the trend for the upside for USDTRY. TP: 6.955-7.00
Once I have posted that Turkish lira will get to 7.0000 and some locals from Istanbul commented very aggressively, that it's not possible, and this is bullsh*t. But you can see now that price is already 6.9020. When I am saying that some currency will drop, it will ! not because of my position against that country, I have a lot of very good friends in Istanbul,...
USD/TRY short term analysis. Harmonic bearish butterfly will go down a lil. Shorting it
TRY gaining again, but this is not a crypto coin. Have more place and sactions to growth. It needs some kick in ass for discussing About early election with newcomer pary like davutoglu and babacan. I see a clear fake out pump coming here. Maybe from a well organised secret Service from west countries.
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As you can see that the pair is at the resistance and also in its ascending channel so we advice one to wait for the confirmation Let us know your views on this in the comment section. Thank...
Uptrend on USDTRY looks broke so i'm shorting since 6,77 so let's see what happens ;)
USDTRY Potential Bearish Movement we are waiting for a momentum candle close below 6.690 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Channel (in blue) 3- All-Time-High Three confluences are enough to consider Selling USDTRY, after a break below 6.690 (in gray) *meanwhile, this pair is overall bullish, until an...
Recognise that this demand for USD is squeezing USDTRY into the secondary macro swing targets at 6.60xx. This is completely inline with the forecasts and all those in leveraged positions are inclined to take profits. We are not out of the woods (yet) and large hands will continue to buy dips in USDTRY as long as we remain in risk-off flows. As widely...
Hi all, wait for pull back near support zone & setup long position!