USDTRY: Resuming the uptrend

FX:USDTRY   U.S. Dollar/Turkish New Lira
Dear traders, it seems like it's time to reenter USDTRY             longs. Now with price moving firmly back above the (fake)coup key level, I think it's highly likely to see the dollar rally resume, against the fundamentally weakened Turkish Lyra.
My signals group is long for a day already, from 2.9920 with stops at 2.9707. We're looking to add to longs here, and trail our stops up gradually. You can take the long here and use the stop and take profit depicted on chart. Risk 0.5%-1% on it.

Check out my updated track record here: http://pastebin.com/6CyyqnPT

If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.


Ivan Labrie

Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise             directly or indirectly from use of or reliance             on such information.
Comment: Working well.
Comment: Good progress.
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