#USDTRY tahmin edilmesi zor olasılıkDolar TL 6.5TL de direnc görüp tekrar 6TL'lere gevseyebilir. Sonrasında 7 TL görülebilir.
Fakat yaklaşık 1 sene sonra öyle bir düşüş dalgası olabilir ki 3.5TL'den 7TL'lere cıktığı gibi düşüş rallisi yapabilir.
Unutmayın bu sene öyle bir sene ki yıllardır beyinlere yerleşmiş her ne varsa yıkılma zamanı.
Finansal piyasalarda sok üstüne sok görme zamanı gelmekte.
Amerika tuvalet kağıdı üretir gibi dolar üretmekte.
Eğer corona virus sebebi ile millete havadan para dağıtılmaz ise gelecekte bu hareketi görmemiz çok olasıdır.
Bu seferde paraları ile TL'ye güvenmeyip dolar alanlar kaybedecek.
USDTRY
DXY big picture captured by HarmonicTrader
Hİ all,
Not investment advise
DXY is also critical level something like others..
1 month chart
End of the Crab harmonic pattern we can see two pullback tests for D Point,after the first pullback price has reached first reversal target (TP1=90.61)
Frow now on price is most critical in line..
Why?
First Option
I am expecting expanded / irregular flat ABC correction
If the expanded is done B breaks A wave (102.61)
Then
Reversal C should go TP2 correction level of CRAB Pattern. That is end of the forth wave.
Finally next move for dxy is 1 mont Bearish BAT Pattern (114x) because of the completion fifth wave, that is 0.886 fibonacci level , maybe see alternate bat 1.13 fibonnacci level but too early to talk about alternate bat. (1 month chart)
Yes, that is long term dxy harmonic trader analysis..
Good luck.
USDTRY is so close the most important level AB=CDAs we shared usdtry trend analysis linked below
We can see the price is so close first important level (AB=CD) on Crab pattern.. (6.56x)
And you can shee the relative strenght index is so close to upper band of Cypher pattern..
Push the play button and zoom on graph for analyzing..
Noted that AB=CD is most important level for all harmonic pattern..
Good luck
Harmonic Trader.
USDTRY will reach 7.0000Turkish lira continuously weakening. The lowest price was reached in 2018 7.080 against US dollar, looks like the same level will be reached soon. Rising tention with EU about refugies, turism crisis (actually tourism is on of the main parts of the economy), so the mix of this two fundamental factors will push TRY lower.
ridethepig | TRY Capitulating...The struggle for democracy is being carried out and as long as Erdogan remains at the helm there is only one direction for TRY. Autocrats are typically sticky in nature and difficult to remove, the attack should first be aimed at the currency which will be the base of the capitulation. Attacking the 7.8 will break local bank and looks imminent as markets receive the USD via safe haven flows. Example:
After the technical break of the resistance the swing formation seems to be self fulfilling. So, according to the plan we attacked immediately and that is now clear in the outflows by...
If you wish to undermine democracy; you tend to try to blow up the foundations of capitalism. The natural restructuring of markets will always follow automatically and hence it is only a matter of time before we see 7.80 and Turkish banks capitulating. After Erdogan, the IMF bailouts will have different possibilities. Turkey's plan can be seen at its clearest now that fears of coronavirus have coupled alongside the Saudi / Russia oil action. Remember, Turkey is an importer of Oil ... so with Oil now flirting with a break towards $20 (see diagram) the logical development will be to destroy the highs in USDTRY.
Very simple. Continue to work longs on the first dip you see. Thanks as usual for keeping the likes and comments coming, jump into the discussion with your views on TRY!
USDTRY, Where to Buy?We can open Buy after the breakout and pullback to the Support/Resistance Zone.
The trend is bullish now, that's why it's a huge chance the price will continue to rise.
Potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
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USDTRY map: down then huge up then collapseUSDTRY could dip now into 5.45 area to complete small wave X (white label).
Then the final move up with wave Y in larger degree X could emerge, which could tag former top of 7.0830.
After that the large Y to unfold down to retest the bottom of the entire consolidation at 5.1300
Emerging markets taking a poundingWhile the emotional crowded is full focussed on the S&P, CoronaVirus, Crypto, "exotic" currencies are all dropping hard.
Economic slowdown ==> The poor end up in the street first.
Turkish people really hate it when I call their country a third world country. They are in denial poor guys, and have been for decades.
Just the way it is not my fault. Parts of europe are too, greece, portugal african country at this point, spain on its way, then the rest of europe. RIP.
The monthly chart is pretty clear... It would be pretty nice to get a retrace I only do reversals.
I think I understand how going with the trend is, it is much much more forgiving but you very often get small reward to risk.
This is not financial advice but it's looking like it is just going to continue and continue and continue.
If you long this pair there is big interest against you... Kinda ruins it I feel.
In the short term there may be some explosive moves to buy, idk...
I guess I was right the first time:
Other ones
I bet when normies / plebes start hearing of those, or seeing how much they moved they'll get all excited and there will be an assault of legions of reptilian brains and wild moves in random directions, but for now they are rather tame with normies focussed on coronafartinthewind, maybe still brexit a bit, crypto still, and "CO2 is a pollutant" joke of the millenia (Tesla in particular).
Real speculators want tame markets, predictable and calm (well volatile but not hysterical).
Losers chase the most emotional markets they heard about on the news.
I am here to make money, not to talk about the latest popular fad with my family or friends (don't have any).