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Waiting for reversal signal. This was a strong support for sereval times.
USD getting stronger again...
TRY can get even weaker through mid 2021. strong recovery possible following it , especially after 2021.
If the rising wedge will be broken, I will go for short until 7.20-7.25 support level. Stop loss above the resistance line.
The price is below 250D MA 6,99 is 300D MA, This pair has never been able to break 300 MA 7 is a very strong psychological support Trade at your own risk!
Hey guys as you know we told correction time for usd/try now price is coming our reaction here I think we can see up movement her
Hey everyone Here's a look at the DOLLAR / TURKISH LIRA from the 4h perspective hope you guys are having a good one. The pair has been range bound in a ascending triangle and if we follow the 123 rule we are close to start seeing some rise in momentum on the pair more volatility coming into play not the trigger zone where we'll monitor price is at the 38.2 %...
USDTRY has a weekly resistance at 6.87673. After breaking that resistance, USDTRY will move through 7. Also 0.236 Fibonacci level valued at 6.9729 is another important level for USDTRY. Thanks you all. Have a great week. Feedback always appreciated.
Because of MACD divergence, I expect the price go up to Fibonacci level of 50, then fall to the lowest point between the divergence .
USDTRY 4H Strong Buy TP1: 6.87400 TP2: 6.92330 TP3: 6.9990 TP4:.7.16756 This is not investment advice Obviously I do not use sl , adjust according to your own account
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