USDOLLAR Ascending inverse scallopAscending inverse scallop, looks like the short term drop has already begun, looking for bullish continuation.
USDTRY
USDTRY Bullish Forecast
Turkish Lira has finally broken above 5.8 resistance level.
Now we can expect further bullish continuation to higher structure levels
5.85
5.90
AUDJPY - SELLDetails on the chart---wait for the perfect BO and enter the trade.
Pipdify,
Tamilkumar
OANDA:AUDJPY
USDTRY 4hr 0.618, AB=CD and supply zone short opportunityA nice carry trade with multiple solid combination!
Always a pair that is worth noticing as the market goes choppy.
PENGUINS PLAY WITH TURKEY THIS TIME:) USDTRY 7/12/2019Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
USDTRY, Look at this TRIANGLE!Looks like the Turkish Lira accumulate it's power for next jump.
I will watch for the next movements of this instrument and if I'll see accurate entry point I will make an update.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
Symmetric Triangle + Cup&Handle Formation - Graph is tighteningSymmetric Triangle - with forming a higher low as cup's base.
Cup&Handle Formation - if it closes the handle, target is 7.50.
I think it will break up finally.
Bullish.
USDTRY : SHORT (TF = 4H )USDTRY parity is just below the resistance, I think this parity will rise in the long term.
But here we are in a profitable region as a risk / reward ratio, I think it can be tried with very small position sizes.
Recommended parameters:
RISK/REWARD RATIO : 1/2.86
POSITION SIZE : % 1
STOP-LOSS : 5.72875 (Close over this level )
GOAL : 5.58257 ( Minor support of USDTRY 4H )
Watch for breakout ons USD/TRYWe have identified a triangle in FX:USDTRY that is meeting all criteria:
Shape :Triangular. Prices move between two converging trendlines.
Trendlines : Two trendlines bound prices; the bottom trendline slopes up and the top one slopes down.
Crossing : Price must cross the pattern from side to side, filling the triangle with price movement, not white space.
Touches : Price must touch one trendline at least three times and the other trendline at least twice, forming distinct valleys and peaks.
Trading tips:
Compute the height from the highest swing to the lowest swing in the pattern. Add it (upward breakouts) or subtract it (downward breakouts) from the breakout. The breakout starts with strong price action.
Usually, pullback leads to a losing trade.
SELL USDTRY 1HR #mkapaSELL USDTRY 1HR
www.bongoforex.co.uk
FX:USDTRY
Tendency: Downtrend = trendline
Pullback - retest - breakout
Sell USDTRY 4HRSwww.bongoforex.co.uk
FX:USDTRY
HINTS:
TRENDLINE
PULLBACK & RETEST
FIBONACCI RETRACEMENT
USDTRY 4hr 0.618 and supply zone combination carry trade!USDTRY pulled back a little bit after testing the previous low,
I'll be waiting for the 0.618 spot around 5.8400 to open some short and put the out above 5.8700.
Let's see how it goes yo!
