USDTRY- 10Jan2022USDTRY- 10Jan2022
On the weekly, price continue to grind higher and close above the previous candle. If price can close above 14.230, we could expect it to continue upside to 16.045.
On the H4, price is coming into H1 inverse h&s target at 14.2250. We remain cautious on the upside till the price close above 14.2250.
This is for personal record purposes only, not financial advise or solicitation of trade.
Usdtrt
USDTRY- 22Nov2021USDTRY- 22Nov2021
On the monthly timeframe, we could expect 3 white soldier candles forming. Hence a bullish momentum is expected for the rest of Nov21. However, the current price is over-extended. We should be cautious on its further upside.
On the H4 timeframe, prices continue to be over-extended. Price may pause to catch a breather. We will need to monitor its price action for further upside potential.
This is for personal record purposes only, not financial advise or solicitation of trade.