USDTRY, exit from the channel Long

U.S. Dollar/Turkish New LiraFXCM

Description

⋅ Aug 21, 2019 3:39 PM

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.

Comment

⋅ Aug 22, 2019 8:24 AM

Comments

MohegaN

⋅ Aug 21, 2019 5:16 PM

Thanks broo..

Yuriy_Bishko

⋅ Aug 21, 2019 3:54 PM

You can write your questions here

chomaki

⋅ Aug 21, 2019 3:46 PM

Yuruy ,do u have any idea to know how i to know the fake breakout

Yuriy_Bishko

⋅ Aug 21, 2019 4:25 PM

@chomaki, i don't understand your question

WACD

⋅ Aug 21, 2019 8:31 PM

@Yuriy_Bishko, He is asking about "how to know if it really broke the channel upwards or just a fake breakout"

Yuriy_Bishko

⋅ Aug 22, 2019 8:20 AM

@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!

chomaki

⋅ Aug 22, 2019 10:16 AM

@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

Yuriy_Bishko

⋅ Aug 22, 2019 7:51 PM

@chomaki, losses is a part of trading! Money managament helps lose less, win more