Thread: Usd/try
Today market analysis
You will earn more money if you will follow my views
because I have posted this after checking the
previous routine oaf daily time frame of H1,H4 clearly.
some traders use fundamental analysis, other use indicators or supports and residences
believe on your own strategy.
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Mubshara (2020-09-01)
we predict future values with technical analysis for wide selection of Forex currency pairs like USD/TRY. If you are looking for Forex pairs with good return, USDTRY can be a profitable investment option. USD/TRY rate equal to 7.371 at 2020-09-01 (today's range: 7.333 - 7.375). Based on our forecasts, a long-term
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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Mubshara (2020-09-01)
Today:Market turn to Sell.
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
The range of pair and is neutral area, any trade done in between is
personal decision and not part of this analysis
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is liye hamain indicatrs ko samjte huy trade krni chahiye taa k ham acha profit hasil kr sakain..
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Mubshara (2020-09-01)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
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Ahad45 (2020-09-01)
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 7.3563
This currency name - USD/TRY
Resistance and Target - 7.3914
Support and Stop Loss - 7.3212
Always follow Long time frame market trend.
Signal is Sell.
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happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
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in my opinion this pair will go up again because it still looks bullish so I am more confident we need to open buy again even if it goes down I think it's just a correction and because the market is slow
don't forget if you experience an error always self-evaluate and try to improve don't forget to pray first before doing anything, that way we can be calm in carrying it out and later we can accept whatever results we have tried and be aware that the rise is still far away.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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