that's a big Picture from my last Chart. USD CAN DROP AFTER TRIPLE TOP. Would buy real estate there before Prices will go up like 30-50% in coming years.
The price is near the Support/Resistance Zone. We can open Buy if daily candle will close above. Potential profit will be in 3...5 times bigger than risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analyze. Write your comments and questions here! Thanks for your support!
With the year almost up, a good time to update the USDTRY chart. Smart money has been tracking Turkish rates, the short end has been screaming weakness and markets not interest in any more BS with the dictator in charge. S400 remains a thorn in the shoe and blackmailing to close NATO bases is leaving a nasty aftertaste. For those who have been tracking the...
USDTRY is bullish, moving in a rising channel and intertwined patterns&the probable of the Bearish Bat Pattern D leg's levels.. seems likely to rise probability on the medium-long term. Good luck!
USDTRY BROKE THE RESISTANCE / BULLISH
Turkish Lira has finally broken above 5.8 resistance level. Now we can expect further bullish continuation to higher structure levels 5.85 5.90
Hello everyone i see bearish trend on EURTRY Happy trading to all! tp 6.37430
Symmetric Triangle - with forming a higher low as cup's base. Cup&Handle Formation - if it closes the handle, target is 7.50. I think it will break up finally. Bullish.
Hello traders, welcome back. This is my new channel and I hope to enjoy. Lets Go straight to the chart, I am a trader who create 2 scenarios to adapt to the price action. First case, if the gold/usd break the first trend line we will wait to break the big triangle (on the second trend line as well). If this happens we will put our take profit on the...
Had a rejection from supply, sell limits have been set
TRYJPY - SELL/SHORT TP & STOP LOSS AT THE CHART !
Still not very clear but looks like we got a possible long term top formation here. Broke the support, few failed retests as well. If it’a real, we should see rejection and drop happen at any moment. So in other words, even though there is room to that blue zone, it should actually not even come close any more and simply drop from this very moment.
The pair is comming off a rejection on the Lower High trend line of the 1M Descending Triangle (RSI = 60.943, MACD = 0.510, Highs/Lows = 0.000). Based on the previous Lower High made and the RSI it traded, we are expecting a stronger decline towards the previous low. Our sell Target Zone is 6.87000 - 7.00000. ** If you like our free content follow our profile...
U.S even with ''great'' fundamentals have its economy still being hurt by economic data with GDP, CPI and Interest Rates being slowed down. Regarding the Technical with the diagonal downside trend line it is an easy trade to just put your stop loss above where the trend line was last touched and take profit towards the next support. Thank me later
Our risk / reward ratio is 0.28 in the first field and 0.09 in the second field. There was a close above 5.84. Long positions can be tried in small lots. However, losses can be a bit high since the bar cannot be sure without closing, so stoploss should be placed directly at 5.81 or 5.84. Our sales level for the first area is 6.095. If the first area breaks down,...
The pair is trading within a Channel Up on 1D (RSI = 62.022, MACD = 0.054, Highs/Lows = 0.0493) since the August bottom. It is currently in the process of pulling back for a Higher Low and that will be our opportunity to buy. TP = 6.1000. Notice how when the RSI turns sideways it denotes a Channel pattern, both on the downtrend and uptrend. ** If you like...