USDTRY 4H (Upside)US doolar vs Turkish-lira again it can’t resist at there now all trying to get higher .
Tendency: upward
Entry: above 12.80
Target: 13.45 & 13.80 & 14.20
Sl.: under 12.60
—————————————-
USDTRY trade ideas
USDTRY - my plan here is thisWe had a stormy day here. Sudden rise and then fall. We will probably stabilize somewhere at level 13.
That's why I'm opening a BUY position here. Saints should normally be monitored on a daily basis to close the position if certain changes occur.
USD started to move upwards against TRY. Alright what now?After breaking the resistance on the daily, USD started its journey towards 14₺ and then 14.5₺-15₺. I don't think it will break 15₺ easily. I hope we can move between 12.5₺-15₺ for a while.
USDTRY- 30Dec2021USDTRY- 30Dec2021
On the daily, price bounced back to 20EMA. We could expect some bearish pressure and price pulling back.
On the H4 timeframe, price bounced back to 50 & 200 MA. We could expect the price to pull back to around 12.00.
It is worth noting that there is an inverse h&s in play on H1, with price target at 14.04. However, we need to wait and see whether price can close above strong resistance at 13.08 on the H4.
This is for personal record purposes only, not financial advise or solicitation of trade.
Midterm USD/TRY ideaHello Traders,
I was away for a couple of months due to personal matters, but I am determined to support you again with my outstanding ideas in 2022. So let do this!
A beautiful curve stick pattern is forming.
Buy USD/TRY at 12.8
TP 1: 13.94
TP 2: 14.60
SL: 11.22
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
There are risks associated with investing in securities. Investing in stocks, bonds, exchange-traded funds, mutual funds, and money market funds involves the risk of loss.
Turkish lira need some courage to analyzeThis is a classic example of risk management, if there is anyone who is over leveraged before the crash, the account must have been wiped out. I wish noone be in that position but if there is any survivor then probably a story to tell and help the community.
Why I am inclined towards long.
#1 : This is a retracement of the entire move from the beginning of USDTRY until 12/20/21 and we are at the moment between 38% and 50% fib level. is there a room for this to fall more, oh yes upto may be 50% at first which also confluence with 10 days moving average. Opportunity to sell every bounce with a good risk management
#2 : Then let's take the entire move of 2021 and breached 61.8% , one more leg down further would take us to 78% weekly level which is where level from #1 comes. accumulate slow and steady with good risk management
#3 : The price is in range bound at the moment between 12.5 and 10.5 Sell high and buy low with a good risk management
Where do I stand, I am bullish dollar that should say everything. All of the above are price analysis not a time analysis and my personal opinion. If you are not in this trade then staying out is better but if you are a survivor then either of 3 options should be helpful. Good luck.
USD/TRY High Volatility, strong sell-offWe said it 30 minutes before this massive short-selling. "it will go up until the Turkish Government decides to react." And they did. At Human traders we provided two selling signals, and we are short this forex pair. Volatility remains high and there are a lot of forex traders closing positions. For those who want to trade this one, we recommend you to stay on the sideline until the correction by that piece of news finishes. Then, we will close our position out and buy USD/TRY again for a long-term scenario with Forward Contracts.
USDTRY- 29Dec2021USDTRY- 29Dec2021
On the H4 timeframe, price is holding the 11.60 level. As long as price is above 10.83 on H4, we could still expect a short-term bounce to 13.08 to occur. It is worth noting that there is an inverse h&s in play on H1, with price target at 14.04. However, we need to wait and see whether price can close above strong resistance at 13.08 on the H4.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY at the edge of the channnelThe question is that will it retest the broken channel or dive one last time and head to the bottom of the falling channel?
USDTRY 4H ( time to gooo..)USDTRY, now after stablizing at this zone, if the price can break 12.60 will be the strong upward, so now i expect will get upward slowly.
——
Tendency: upward
Entry: above 11.50
Target: 12.6 & 13.8 & 15.00
—————————————
USDTRY, Correction then GrowthHello traders, Everything is clear on the chart for you like always. So monitor the price's behavior in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
USDTRY-Buy strategyIt starts looking confirmed that the move is upwards from here.
We broke through the FALSE BEAR FLAG pattern at 11.6900. We should have room to move back towards 14.00 again.
Strategy buy current 11.80-11.85 and place stop-loss below 10.50 with a profit order 13.95 for now.
USDTRY headed to 15According to the economic situation is Turkey, USDTRY became like a altcoin. Past 3 months it devaluated about 100%. Now volatility increased and in one day it it increase 10% up and -9% in minutes. Today it break the resistance and correction should be near 15 by 10th Jan, let's see.
Not a investment advice... Do your own research.
Goıng up slowly If the price pass moving average 100 (red one), it will go to moving average 200(blue one)
USDTRY - Ride The BeastGood news for Turkish Lira has led the the most enormous sell candle - far larger than any in USDTRY and perhaps FX history, following a giganteum top.
Could be a good entry right here but being a bit cautious I'd like to see a retrace back to the 50WMA which USDTRY has hit after every significant top. I may end up buying higher but it'll be in safer terrain, or i may miss it but well thats the game.
Not advice.
USDTRYUSDTRY chart has closed above the 4-hours MA20. The RSI indicator seems to have found a bottom around 10.5. For this reason , we seem to see a consolidated usdtry rate in the 12-13 band range .
usdtry ideaTurkish Lira Chart / US Dollar
This is just an idea, and it depends on Turkey's economic policies.
USDTRY- 27Dec2021USDTRY- 27Dec2021
On the weekly, price had a huge drop from 18.00 to 10.90 which is also the 20EMA. Price could potentially find support at this level.
On the H4 timeframe, price had a weak bounce to around 12.00 before selling off to 10.90. As long as price is above 10.83 on H4, we could still expect a short-term bounce to 13.08 to occur. It is also worth noting that RSI is still at support level where previous bounces occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
Traders should not trade this market!!!These markets try are a big risk to retail traders. We been decided to stay away from this market n seen the drop well before it happen ! While everyone else is surprised
N this is why u should stay away smart money stop buying back in Nov 21 the took profits n as well they are not bearish on the market as well that market is just very over brought n very manipulated to the point they don't have to b aggressive in buying the market up or selling it this mean the market behavior is unpredictable price action isn't as valid therefore only greed will make a trader trade this market especially sellin a market when the investors are not selling it so if they are not driving it lower then ur at a great disadvantage trying to do so yourself
Don't chase greed Thats a bad trait
usdtryEveryone wants to know where it's going...Why not just scalp these areas
USDTRY THE MAIN FOREX PAIR that has been very active in the news in 2021.
Generally speaking all main gaps get filled...Let's see where market should fined some two way auction.
My main trading analysis is always through orderflow & volume profile .
I mainly scalp Futures (ES & NQ)
I have Long-term stock portfolio & some crypto accounts but will be building on to these more & more in 2022!
I haven't been very active on #Tradingview for sometime, but I will try to have some posts on here on a weekly basis.
Wishing you all a Happy New Year & all the best in your #trading
Emini Os
USDTRY A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 20 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: TRYUSD Waiting for the Range Bound and the beginning of the Ascension Trend.
USDTRY ForecastOf course, it is not possible to know beforehand in what situation you will find yourself.
