Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (17.9722).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (14.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.5217).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.34192).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.3133).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Message me to learn 1 to 1!
TRYUSD 1H TF
TRYUSD has fallen a lot, however it has now reached a crucial support
We might see a bounce back from this level
TRYUSD is looking weak so enter only if a clear reversal is seen!
Keep a SL at the low of the previous level with targets of zones of consolidation!
RR-3
Possible pips-0.002
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.6470).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Hello guys i had find this setup in 1h timeframe which is taking a support at lower trendline we have a good buying opportunity when structure broken with below support sl and near trendline tg also before taking any trading decision plzz do your own analysis if you like my idea plzz like share and follow me for more thank you
Hello guys i had find this trade which is made double top and broken trendline in 30m timeframe we are getting a good selling opportunity with above resistant sl and below support tg also do your own analysis before taking any trade thank you
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.4295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (8.24484).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
USD/TRY Chart for educational/study purposes. It's not an investment advice. Made an analysis of this pair months ago, you can check the chart here:
USD lost value against Lira for months and ignored several demand zones until the yearly pivot. At yearly pivot, buyers kicked in with significant buying pressure and the price made a significant reversal thanks to...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (7.00000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
