TRY – Secular View – Elliott & Fibonacci Perspective – After La Grande Finale…

TURKISH LIRA –  Back Today on ATA Research Radar 

ATA Following …

TRY – Elliott Waves Secular View 

2020

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

14.09.2020 – TRY – Elliott Waves Secular Perspective – Weakness Apogeum despite Rating Cut…

18.09.2020 – TRY – Elliott Waves Secular Perspective – Weakness Overheated Scenario in FX Action…

18.10.2020 – TRY – Elliott Waves Secular Perspective – Ready to Test 8 on S-400 Motive…

27.10.2020 – TRY – Secular View – Elliott Waves with Fibonacci Extensions in Turkish FX Action…

9.11.2020 – TRY – Secular View – Elliott & Fibonacci Perspective – La Grande Finale…

&

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

Turkish Central Bank hikes interest rates

Bank raises 1-week repo rate

200 basis points from 15% to 17%

above market expectations

with Earlier

Erdogan Economic & Political Moves

Central Bank Governor removed

Finance Minister Son-in-law of President Erdogan unexpectedly resigns

&

Türkiye Cumhuriyet Merkez Bankası İdare Merkezi Easing Policy 

Latest TCMB Central Verdict

Turkey Central Bank Rising Rates

TURKEY Rating Moody’s Strike

with

USD F/X  Master EM Currencies Pathfinder Falling Wave 

&

Pandemic Third Wave & New Lockdowns

vs

Present COVID-19 Vaccines Hopes 

European & Middle East Recovery Hopes 

created by Mainstream

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  9.11.2020

” Now still dominating

Forming 5-TH Wave Top 

with

Elliott & Fibonacci La Grande Finale

5-th Bull Wave in Action

Testing 1-st FIB EXT 8.37 Key Level Zone

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

&

Last

First…Forming 5-TH Wave Top 

Second…Elliott & Fibonacci La Grande Finale

with

5-th Bull Wave in Action

Testing 1-st FIB EXT 8.37 Key Level Zone

Now dominating

Strong Dynamic USD Bear Contraction

with

Present Testing Lower Key Level 7.30 Zone

ATA  USD/TRY  Present Elliott Waves & Fib Ext Conclusion 

After

USD/TRY  5-th Wave Top Forming Process

Now dominating

USD Bear Contraction

so

Special Focus on

Present Master  Lower Psychological Key Levels 7.00 – 7.30

with

Fib Ret First 68.5% 7.28 Zone

&

Research Bear Reversal Pattern Confirmation

Classic & Candlestick

of course with

Next Smart Money Move

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  December

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

USD/TRY  Elliott Waves  Monthly Daily & Intraday Charts

28.09.2020 – Assian Session

16.10.2020 – EOW

27.10.2020 – Assian Session

9.11.2020 – before Start European Session

30.12.2020 – Start European Session

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