EUR/TRY
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Thread: EUR/TRY

  1. #1
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    EUR/TRY

    Thread for EUR/TRY discussion - latest news, technical analysis, forecasts and opinions.

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  2. #2
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    Just checked the currency pair EURTRY chart in the daily time frame. I have shown two daily ascending triangles. One was already broken and went lots of pips to the upward move. And the second one is the emerging one. Both are ASCENDING TRIANGLES and now the latter ones need a breakout , either in downwards or in upwards movement. Stop loss will be the swing high / low and take profit will be from 1:1 risk reward to 1:2 to 1:3 !


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    Daily pivot point of EUR/TRY is 2.98001 and daily market trend on this pair is bearish until market not break 3.04938 level,this is the near term resistance level to buy this pair more,H1 chart shows market break Daily R1 and R2 ,so traders should watch any rejection from high level to sell this pair to trade with bearish market trend..

    eurtryh1.png

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  4. #4
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    For the pair of EUR/TRY In the Daily chart believe that the couple next week will test the support area at 2.7927 and possibly lower level of 2.7827 and the rebound from one of these levels, expect a rebound with continued growth in the area of resistance at 2.8715.


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    The pair of EUR/TRY in 4 hour chart. expect the pair to decline support area, which is at the level of 2.8674 and testing this level, expect a rebound from him, in which the pair will rise to a zone of resistance at 2.8931.


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  6. #6
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    Yesterday expected price for this pair from the recoil of the formation is strong enough fell down, now is the time to put without loss, that would be a risk in the transaction was zero, and hold a position in the market, I think stands up to the support line at the level as low -2.8458!


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  7. #7
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    In the Chart of H1 price broke through the support line at as low 2.8862 and fixed below it, so I expect a further decline in prices before the next line of support at as low 2.8756, and then the next target is too low to support hotline 2.8600.


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  8. #8
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    Price for this pair in the chart of H1 laterally to the flat range between marks -2.89047 and -2.87817. So, I think that we should wait for the true penetration of one of the boundaries of the flat, then to assume further price movement.


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  9. #9
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    The pair EUR / TRY in the Chart of the4H Chart price rested, in the first in the lower boundary of the rising price channel, and secondly on the lower border of the price channel turned round price level 2.90000, as this level is the support line, a total of three signal the fact that the price will go up further.


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  10. #10
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    The pair EUR / TRY in the chart of H4 price rested on a rather important line of support at the level of as low 2.8864, I believe that if the four hour candle closes above the line support can safely assume prices rebound from the support line and its further growth.


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