USDTRY Analysis from MyNameisMoney (Dollar) 14.12.2020

Hello dollar Turkish Lira analysis, also known as Dollar USDTRY analysis, was previously shared with you with the following tweet. Historical peaks were determined only by interpreting the chart. Here is the proof below.

#usdtry As always, another pinpoint hit. It may sound utopian but the pattern target is on the chart. I hope not.YTD#dolar #xu100 #bist100 #petkm #escom #karsn #pgsus #altin #odas #thyao #akenr #bsoke #sasa #ykbnk #AKBNK #KRDMD #vkgyo #zoren #krstl #KOZAL #ASELS https://t.co/qoYcwR3WSb pic.twitter.com/wK8q8gRkfy

- MyNameisMoney (@mynameismoney4) May 5, 2020

The fact that there is a lot of demand for USDTRY analysis, which is on the agenda again these days and from incoming messages, made me feel that I had to renew my chart work. Especially because it is such a sensitive subject, I would like to emphasize that the analysis I will make is only about interpreting the charts and you should definitely not see it as investment advice as it has very different dynamics than stocks.

Personally, I don't see the currency itself as an investment instrument. Even if it increases by 1 lira, it means an increase of around 12%, and with shares you can realize this in a very short time.

As I share the new graph, I hope that steps will be taken to reduce this rise as soon as possible.

Dollar USDTRY analysis: Sequential target prices of the harmonic pattern are marked on the charts and this pattern will lose its validity with a red price tag.

Remember, if there was a continuously rising pricing, nobody would lose. Use my analysis to develop strategy and learn technical analysis.

Important note If you are going to invest 1000 shares, make it a habit not to buy x shares at one price. Fragmented buying is important to keep the cost down. You will not miss the opportunities of possible pullbacks. Think about your investment at least in the medium term, not instantaneously. Take your time, remember our most important motto "patience".

Time is our most precious asset. Therefore, I contributed to you by taking my time. If you do not withhold your shares and likes in return for this effort, you will help me keep my motivation for the next time.

Thank you

Final Note: All the details I provide here are for educational purposes and do not contain investment advice. You may make a loss in your transactions. This notification is a legal obligation. In addition, the mentioned training is available free of charge both on the site and on Youtube channel is now available on the website.

You can send your questions and suggestions here or on Twitter.