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WaveTrends
Dec 8, 2021 7:23 PM

Usd/Try Update (Still active) Short

USD/TRYOANDA

Description

This pair us a really tricky one to trade and most people do not like to trade it. The spread is very high! Just a 0.05 trade can put you in the negative 30 to 50 dollars depending on your broker.

My suggestion is if u want to trade it , u could trade it at 0.01 and still make $200 easily. My lot size is actually smaller than that. I have 3 positions of 500 units which is half the size of 0.01. So my lot size is 0.015

Thus pair has formed a weird looking double top pattern on the 4 hour time frame. I see this as a reversal and I'm holding with 3 take profit levels
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