FXTurkey

USDTRY We're expecting a breakout

Long
FXTurkey Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
USDTRY is moving sideways for a while but buyers demand the breakout, sellers does not have enough reasons to fight back.

So if we see a breakout, the wise thing to do is to follow along.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.
Comment:
Update
Comment:

we don't see this much clean level so often, it is kinda interesting though. Let's wait and see what is next
Comment:
resistance is broken, price will try higher unless there is an positive event for TRY

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