USDTRY 4H (make it uppward)#USDTRY has a strong power to up, each time it tries to get the highest price so in the previous idea we said will get 8.580 then will be down now you can see we get it the same thing.
above 8.4610 Will get 8.6100 and a Blue circle 🔵
under red Slope, the line will get 8.23 and red circle 🔴
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Tendency: Upward
Entry: above 8.4610
TP.: 8.6100 and 8.7600
SL.: under 8.3600
TRY
USDTRY - Long Breakout?We caught a great trade from March going long (Profit/Loss Box Remains)
I just don't see the economic situation getting better anytime soon for Turkey.
I am actually living in Turkey currently, it's a lovely country with wonderful people, food and and and....
I see the break north, on a technical level the "Rising Wedge" pattern illustrated.
Keep on trucking! or trading whatever...
1% Risk, 2:1RR
USDTRY 4H (8.43 is important price to create stable direction)In the previous idea we said stabilizing above red slope line will get upward.
So now the price made a full stability above red slope line, if can’t break it will get the blue circle,
But break this line will be a strong downward,
———-
Tendency: upward
Entry: above 8.46
TP.: 8.56 & 8.75
SL.: stablize unde 8.40
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.4295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 8.4585
TP2= @ 8.4850
TP3= @ 8.5110
TP4= @ 8.5510
TP5= @ 8.5855
SL= Break below S2
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💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.4295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 8.4585
TP2= @ 8.4850
TP3= @ 8.5110
TP4= @ 8.5510
TP5= @ 8.5855
SL= Break below S2
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USDTRY 4H & 1D (take care of slope line)hello guys,
on the 4hours candles:
now if the price can't breaking the slope line will get a blue circle 7.99, but We should care for breaking the important price of 8.46 because If break 8.46 I think will get a historical price of nearly 9.00
but if the price look at the down and break the slope line surely we can get Red Circle 7.99
On the 1D candles:
here we have some important price if the price broke 8.46 and stabilize there will get 9.40
but if the price broke 7.98 for down and stabilized there will get 7.50
USDTRY 4H (wait to stable above or under 8.327)In the previous idea, we got the target,
we said will we got the 8.38 the price got the 8.37 exactly so now the price has down,
we should take care if stable above 8.327 we can buy again till 8.38 and 8.50
-------------------------------
if the price stabilize above 8.237 will get up
but,
if stabilize under it will be downward till red lines
-------------------------------
my previous idea about TRYUSD on 5May :
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (8.24484).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 8.31443
TP2= @ 8.36158
TP3= @ 8.39922
TP4= @ 8.44257
TP5= @ 8.48527
TP6= @ 8.60000
SL= Break below S2
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (8.24484).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 8.31443
TP2= @ 8.36158
TP3= @ 8.39922
TP4= @ 8.44257
TP5= @ 8.48527
TP6= @ 8.60000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBPTRY test the 0.5 FIb 🦐GBPTRY on the 4h chart after the recent impulse retraced at the 0.5 Fibonacci level.
The market starts to consolidate ove a minor support and according to Plancton's strategy if the price will break above we will set a nice long order
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDTRY 4H (Prepare to broke the record) Timeframe on 4h:
In previous idea we said the turkish lira will be destroyed and will get the 8.41 then 8.53 till now breaked 8.41 but now we will wait to get 8.53
1.Stabilize Above 8.3800 will get a new price upward
2.Stabilize under 8.3700 will get down till the channel