Elliott wave analysis for FX:USDTRY by cyclewave — TradingView


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CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities .

USDTRY – It seems within impulse cycle and in the 4th wave correction. There are two probability that either it will make some triangle or zigzgag move down. But after that move there is highly likely to make a new high in 5th wave up move. So buy near 7.60 zone for target above 7.90 or higher as final move up.

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