Ichimoku_Trader

More up before down...

Kort
Ichimoku_Trader Uppdaterad   
FX:USDTRY   USA-dollar/Turkisk lira
...
Kommentera:
We have touched the bottom of the reversal zone...
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The big retracement inside the reversal zone is worrying since it could be a winding up for the move up

If the next move up is a strong one, we can expect a move higher into reversal zones 2 or even 3

For now, we are still following our original plan but I just thought that I would share my understanding of the new information with you

Good luck, be careful

Kommentera:
Today's move was very strong indicating the penetration of the reversal zone 2
So heads up
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Again we have a very strong move that actually penetrated into reversal zone 3
It is now clear that this is wave 3 so once it ends we should expect a boring wave 4 that will set the stage for how much higher we can go
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Wow...
A very strong move that even penetrated the top of zone 3 with great ease
Theoretically, this area should hold today
Let's see
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Here are 2 more possible reversal zones

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Very impressed with how the Turkish government curbed the decline of the Lira in such a strong wave 3

Hope all ends well
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Amazingly, a close below 6
Wow .. very impressive
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Just broke yesterday's low...


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