TRY – Elliott Waves Secular Perspective – Weakness Apogeum despite Rating Cut…

TURKISH LIRA –  Back Today on ATA Research Radar 

TRY – Elliott Waves Secular View 

ATA Continuation of…

30.08.2020 – TRY – Elliott Waves Secular Perspective – Weakness Apogeum …

with

ATA Following …

2016

16.07.2016 –  GLOBAL FLASH POINTS…from MILAN & NICEA to ISTANBUL…

23.07.2016  –  TURKISH ASSETS IN ATA FOCUS…

2018

11.08.2018  –  TRY – TURKISH F/X SUPERNOVA EXPLOSION…

18.08.2018  –  TRY – TURKISH RATING DOUBLE IMPACT…

13.09.2018 –  TRY vs Turkish Central Bank Meeting with Erdogan Factor…

TURKISH LIRA Master Motives

TRY – No Strong FX Hurt by TURKEY Rating Moody’s Strike

with

USD F/X  Master EM Currencies Pathfinder Falling Wave 

&

Last Pandemic Warning & Panic 

vs

Present COVID-19 Vaccines Hopes 

European & Middle East Recovery Hopes 

created by Mainstream

with

Türkiye Cumhuriyet Merkez Bankası İdare Merkezi Easing Policy 

Last Cuts Interest Rates from 8.75% to 8.25%

Amid Coronavirus Crisis in Effort to Aid Recovery

vs

Pandemic Second Wave Fear Strikes Back  

vs

Roubini ‘Dr. Doom’ Mega Warning

10-year Depression is coming… investors far too confident about a possible recovery…

with

Afterpandemic New Reality 

EUROZONE – US  – ASIA – MIDDLE EAST – Global Economy Reopen

Recovery Scenario Mainstream Projections 

FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

First…ATA from  30.08.2020

” Now dominating

USD/TRY  5-th Wave Top Forming Process

&

ATA Latest TRY Tweet 

Second…Present  USD/TRY   Elliott Waves Situation 

USD/TRY  SECULAR  ELLIOTT WAVES ACTION

ATA MIND OVER MARKETS

Charts have No Temperature

Markets Never Wrong vs Often Mistaken 

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical Pattern…

Final…INVEST & TRADE – DON’T FORECAST…

First…Key Motives

above in this text…

Second…Market Technical  Patterns 

Long Term  View 

First of All

After

All 5 Rising Waves  from  I  to  V

Now still dominating

Forming 5-TH Wave Top 

ATA  USD/TRY  Present Elliott Waves Conclusion 

Now still dominating

USD/TRY  5-th Wave Top Forming Process

so

Special Focus on

Active Range  7.00 – 7.30   vs   7.50 – 8.00

with

Master Psychological Key Levels  7.50 & 8.00

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED

on

SUPER GOOD NEWS

with

EUPHORY PHASE

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

N- TIMES

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

EOM – Now  September

USD/TRY  Elliott Waves  Monthly Charts

28.08.2020 – EOD 

USD-TRY - M - Line - Elliott Wave

14.09.2020 – Assian Session

Obrazek posiada pusty atrybut alt; plik o nazwie usd-try-m-line-elliott-wave.png
Obrazek posiada pusty atrybut alt; plik o nazwie usd-try-m-elliott-wave.png

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