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PULEMokhothu
Mar 9, 2021 5:21 PM

USDTRY 7.64331 - 1.26 % LONG IDEA * CONTINUATION & STRUCTURE  Long

U.S. Dollar/Turkish New LiraFXCM

Description

Hey everyone

Here's a look at the DOLLAR / TURKISH LIRA

* Many stars aligning with the Bulls on the lira the pair traded in a descending channel broke with the bull and we've been in a beautiful uptrend
since.
* looking for continuation patterns as we are already trading in one which is the bull flag, trading at a key level.
* momentum with the bulls will be the trigger and price action

* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Comments
jojofang0901
nice bullish price action for potential further upside :) thx for sharing
PULEMokhothu
thank you @jojofang0901 Appreciate it, it's really one of those textbook bullish p otential Price action
Stargazer_fx
great analysis mate, thanks for sharing
PULEMokhothu
thnk you @Stargazer_fx I appreciate it
ForecastCity_World
Good job👍👌 Thanks for sharing
PULEMokhothu
Appreciate it @ForecastCity_World, thank you
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