📌 The capitulation After PA in December 2018 showed us the basing formation it has been all 'one way trafffic' This may lead you to wonder why it is so important to understand the fundamentals and definition of current capital flows, because it is then possible to build one's whole swing around a macro fundamentally sound trade idea, that underpins the...
Buyers have made the transition towards capitulation. This leaves Turkey with a huge problem, and the process of the cleanse in local banks will continue. CBRT will defend with its 'customary inventiveness' very soon as they keep a stern eye on 7.8xx. It is an unfortunate position that Turkey are in. We have exploited it for some time and as soon as the...
Mid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (7.4086). 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 above the 21-Day WEMA which acts as a...
FX:USDTRY Breakout from all time high @ 7.3 with long term bullish trend. Cup and Handle pattern on D1 and W1
📌 The buyers constitute a formidable opponent holding the breakup and putting sellers out of action. The moves are ready, to fend off another wave of risk looks impossible now and Turkey will suffer a major hammer that may be unendurable for local banks. A break above 7.20xx will unlock the widely track 7.80xx since last year. If buyers hold (and it looks...
Hi All , We have our free trade for the week as USDTRY . Entry and sl Marked ! Many thanks
Welcome to this analysis on USD/TRY. USD/TRY has established an uptrend from the 2nd of June till the 17th of June, Since then it has been trading in a tight rectangle range between 6.834 and 6.858 which broke to the upside before the market close last week. Currently, it looks like it is finding support above the range which can be a sign of continuation of the...
Looks totally clear... Indicators are getting ready to smash Turkish Lira more... Macd on the weekly about to move to positive territory... Resistance from that trend line will break and pump the price up...
DolarTL 1 saatlik grafiğe göre konsolidasyon yapmış durumda. Günlük ve Haftalık grafiklere bakarsanız orda da sıkışmalar yaşandığını görebilirsiniz. Bu sıkışmanın yukarı yönlü kırılabileceğini rahatlıkla söyleyebilirim. Bunda etken olan olarak Türkiye piyasasından kaçan yabancı yatırımcıların yüksek etkisi var. Önümüzdeki 10 günü(25.06.2020 - 04.07.2020)...
📍 The panic leg here is because we are reaching the endgame in the economic cycle. There is a risk of Turkish banks defaulting on this leg so watch-out for any exposure to specific sectors. If the operation demonstrated is a successful attack, then we have the final ✅ for those trading the macro move called last year: EM FX looks extremely vulnerable for any...
Hey, I am back with another Forex idea as I said, that I will deliver a one Forex Idea every working day. Let's get into chart. Basically USD/TRY has printed a rising wedge which is considered as bearish pattern and is expecting the price to see a spike down. RSI has also printed a bear flag, overall this seems like a good trade. Don't forget to follow me, to...
USDTRY is a clear buy after NFP news impacted on Friday with a strong uptrend. This should rally up high through the rest of the upcoming week. TP: 6.800+
Swings and position building We have witnessed a tremendous amount of profit taking after clearing the 7.23 targets in USDTRY and are arriving back into major support territory. The pick-up in local activity was notable as banks were forced to defend the TRY. Many clients I speak to are happy to continue buying USDTRY , the picture looks gloomy for Turkey and...
Hey, I am back with another idea, this time looking at Forex pair of USD/TRY USD/TRY pair has been spotted in a bear flag, which is considered as bearish formation, strong in downtrend and also as the EMA's are getting tighter, there is move likely to happen soon at this level. I would short this pair at the resistance area. Have a good luck with trading, don't...
Mavi hap mı pembe hap mı Neo? Kırmızıyı vatandaşlar aldı.
I 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
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.