USDTRY Recovery forecast until July !TRY Has stabilized fundamentally and we have also technical support by pattern Sperandeo. First trendline is crossed, now target is T1 Trendline as first strong support.
TRY
Wait And ReenterLooking at the daily chart we may expect a decrease to the support line. If it doesn't break down from the support line we may reenter.
Turkish Lira, showr correction !Break time for TRY. Expecting short
correction to 6.8000 until June,
due to quarantine off and internal
tourism. Pattern Speranteo is crutial to follwo in 2020. Sperandeo with T1, T2, T3 and T4
Next Target For USDTRYIn my previous analysis, I said that the dollar will rise above 7 TRY and we are on the target now. We will see higher prices, my next target is 7.60 levels for the long term.
USD/TRY analysis 27.04.2020Parabolic 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.
Lira plunging in short termWith 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.
10 YOLCULUGUNDA İKİ İHTİMAL - 2 POSSIBILITIES 4 ROAD TO 10 Mavi hap mı pembe hap mı Neo?
Kırmızıyı vatandaşlar aldı.
USD / TRY ! LONG THE SUPPORTTRY keep losing value everyday
I expect a correction before a big move up
USDTRY Continue To Go For LONGI 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
USDTRY As I told you ! But do not blame be about dropping of TRYOnce 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, but just because I am doing analysis in A RiGHT WAY !
USD/TRY analysis 15.04.2020USD/TRY short term analysis. Harmonic bearish butterfly will go down a lil. Shorting it
2020 early election in turkey?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.
USDTRY AT CRUCIAL POINTHello 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 you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
USDTRY Potential Bearish MovementUSDTRY 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 objective sell setup is activated
ridethepig | Squeeze!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 mentioned "local banks will come under pressure and show severe distress above 7" ...increasingly this is becoming the target as weak fundamentals and dictators limit ability to invest in the currency. Expect some consolidation over the coming days before further funding issues add upward pressure via USD demand.
Good luck all those buying the dips, highly recommend tracking TRY as a good benchmark to health in EM FX. Thanks for keeping the support coming with likes, as usual jump into the comments with your charts, view and etc!
