Yuriy_Bishko

USDTRY, exit from the channel

Long
FX:USDTRY   U.S. Dollar / Turkish Lira
We can see an exit from the downward channel .
If you want to open BUY it's better to wait on some pullback to border of the channel.
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Thanks broo..
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You can write your questions here
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Yuruy ,do u have any idea to know how i to know the fake breakout
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@chomaki, i don't understand your question
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WACD Yuriy_Bishko
@Yuriy_Bishko, He is asking about "how to know if it really broke the channel upwards or just a fake breakout"
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@WACD, "fake breakout" it's when the price cross the line but turn back and candle close under line...
On this chart breakout isn't fake)) it's true!
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chomaki Yuriy_Bishko
@Yuriy_Bishko, Yes i know but is dont have a strategy to know a ready is fake breakout beceaus many times people like example entre for sell but is just fake breakout and price back then lost
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@chomaki, losses is a part of trading! Money managament helps lose less, win more
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