Hi everyone! USD/TRY pair moves in an upside channel and after small correction the movement will be continued up. Technical indicators confirm it. I expect the movement up to level at least 1.618 according to Fibonacci.
Bought on 8.0371 TP = 8.7327 SL = 7.7958
Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.
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Confirmation on MACD
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Trade closed manually
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Sold on 8.2201. The minimum profit is got! The price went out of the channel therefore it was necessary to close the idea manually.
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As a result the price reached exactly the purpose.