USDTRY on the 4h chart, reached the support structure. The market which is moving inside a descending channel is now testing the upper one. IF the market will break above we can expect a test of the resistance zone. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
Pair: USD TRY Time Frame: 4H Target: 7.50 Stop: 7.23475
USDTRY had touched the support level and formed a falling wedge pattern. If it breaks through the resistance line, it will target previous high. Best regards EXCAVO
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (7.298). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Hi everyone! I think USD/TRY pair is ready to small growth. The arrangement of the next amounts is about 0.5 according to Fibonacci from the previous falling. Therefore I expect growth at least to level 7.7690. Thus the price will go to check of resistance. Bought on 7.5707 TP = 7.7690 SL = 7.5036 (below the last minimum). Information provided is only...
daha onceki yillarda yapmis oldugu duzeltmeler gozounde bulundurulmustur.
Pair: USD TRY Time: 4H Target: 7.8273 Stop: Candle close below supply zone
Hi everyone! As I reported in the global forecast USD/TRY pair of the beginning globally the movement down. And after so sharp falling we are expected by correction up to the level about 7.97 that it corresponds to level 0.382 according to Fibonacci. Nothing hinders the movement to this level as all large trade volumes are above this level, long trend lines too....
As I have posted last week, Turkish Lira has started its correction against USD. But not 7.8000 is my support level, which will be hard to cross, if there will not be strong fundamental advantage. We can expect 8.0000-7.8000 range for next several weeks. I will update analysis if there will be some crutial news. Terms and short forms! T - Trendlines...
we still expect the pair bullish as the volume shown us sellers still weak
- Merhaba bunu 2017 başında yapmıştım ve gayet güzel tutuyor. - Buraya koyuyorum yıllar sonra tekrar gelip bakıcam xd. English: - Hello I did this at the beginning of 2017 and it keeps it just fine. - I put it here, I will come back years later and look it xd.
USD / TRY is already triple (D1-H4-H1) overbought. If the the first D1 candle close above the north BB, the course probably turn to the middle band. Target price is 7.30000. Technical resistance: 8.50000 (magic number) The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!