Trading 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...
There is a rising wedge in USD/TRY chart. Be careful!
Watch for breakout. Target 9.00
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...
Trading 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. ....
Trading 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. ....
Timeframe on 4h: 1.Stabilize Above 8.3800 will get a new price upward 2.Stabilize under 8.3700 will get down till the channel
1-Above 7.950 will get 8.388 then 8.530 2-stabilize under 7.900 will get 7.741 .. ———————- But first option upward have more probability because make it stable above 7.95 and 8.130 this price is recommended to get 8.30 then 8.50 ,,, But another side downward should be break the 7.74 to take strong sell
1-Under dotted line (7.7400) SELL to get target red line 2-Above dotted line (7.7500) BUY to get target blue line,
1-Under dotted line (7.7400) SELL to get target red line 2-Above dotted line (7.7500) BUY to get target blue line,
1-Under dotted line (7.7400) SELL to get target red line 2-Above dotted line (7.7500) BUY to get target blue line,
reason of the price gap- central bank of turkey boss just got fired by the president
1-Under dotted line (7.5600) SELL to get target red line 2-Above dotted line (7.5700) BUY to get target blue line, but should be stabilized