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lennydoescrypto
Jun 3, 2021 5:44 PM

USDTRY set to continue rise beyond 10! Long

U.S. Dollar/Turkish New LiraFXCM

Description

Since may 6th USD has shown weakness against most currencies and is now ready to push strong.

During this period TRY offered very little resistance making it look good to continue weakness in the face of
a strong push for USD! The question is not so much not if USD will strengthen but more which is the weakest currency to long it against imo!

Comment

Looking like we will break up here!

Trade closed manually

Trade closed as i would have liked to have seen it push higher by now. Will jump back in at a later date if setup is right.
Comments
Ryecatcher
yh I can tell by your bitcoin analysis lol
Ryecatcher
cup & handle
lennydoescrypto
@Ryecatcher, theres levels to this game that go beyond cup and handle
Ryecatcher
insanity
lennydoescrypto
lennydoescrypto
sometimes its best not to be so arrogant i think we can all agree. good day to you sir
DutchyFX
Nice analysis Lenny!
lennydoescrypto
@Zen_3_6_9, I was going after usd strength and tried to pick the weakest cross pair. Unfortanatley try was a bad choice, will still probably be a good trade anyway.
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