Yuriy_Bishko

USD/TRY Trading Plan

Long
Yuriy_Bishko Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
Price is moving to 5.6889 it's Key level which stopped pullback down. Only big players can stop such move. That's why I think in the future they will protect that level.

Near 5.6889 Technically we can open a Long position with low risk.
Goal will be: 6.64 and 6.82

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Comment:
Price is so close to key level 5.6889 i wait when price will hit that level, because only after that i will know what to do.

Comment:
Price hit key level 5.6889

I will open a long if D1 close upper it. I will look for Short opportunities if D1 close under that level.

Trade active:
I opened a long with low risk
Risk/Reword - 1 to 5
Trade closed: stop reached

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