Hello! The USD / TRY pair reached strong support around 8.40. Currently, we can expect an upward movement to the nearest resistance at the level of 9.0906. SL below support. Technical indicators confirm this as well. Overcoming the local trend line (indicated on the chart in yellow). It is better for cautious traders to wait until the trendline is crossed.
Bought on current price
TP = 9.0906
SL = 8.36614
Information provided is only educational and should not be used to take action in the market
Bought on current price
TP = 9.0906
SL = 8.36614
Information provided is only educational and should not be used to take action in the market
Trade active:
SL changed on 8.339
Trade closed: stop reached
Trade active:
Bought again. SL = 32.89
Trade closed: stop reached
Trade active
Comment:
I continue to hold positions. SL = 3.09.
Trade active
Trade active:
We are closely watching the overcoming of the upward trend line.
Trade active:
Trade active
Trade active
Trade active:
I continue to hold the long position. The threefold bottom will be possible. SL = 8.2649.
Trade active
Trade active
Trade closed manually:
Sold on 8.45311. The transaction is closed manually with small profit.
Comment:
As you could notice, as a result the objectives were achieved.
As you could notice, as a result the objectives were achieved.