USDTRY - Let's go short!

FX:USDTRY   U.S. Dollar / Turkish Lira
58 0 1
Price broke the big round number and immediately pulled back into that 3.0500 zone. I have entered on a retrace to the 3.0500 with my stop just above the new highs

  • - Big round number 3.05000 acting as resistance
    - Previous highs adding to resistance
    - Price is rounding off
    - Upper trend line to act as resistance
Trade active: Missed stop loss by a few pips, and now price has moved down. I have an alert just before the 3.0300 zone as this is another trouble area where price may have some trouble.
Trade closed: target reached: Target Hit!!! A cool 7.5% profit from a 3% risk
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