AzrulAzir
Long

USDTRY New support and resistance

FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
USDTRY New support and resistance

After success out of seller zone with break up head and shoulders pattern last week, USDTRY found new support at 3.5104 and new resistance at 3.5782,
and right now try to hit fibonacci retracement internal pattern at 3.5620

As long as bullish trendline not break, 3.5620 will be target for next 10 days

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
Thank you so much dear friend. Nice work, good luck :)
Reply
@AzrulAzir Interesting pair you choose trade.. Talk about versatility. Thanks for the lovely chart and good luck :)
+3 Reply
huzteck Aqua_Trader
@Aqua_Trader, Wat SL you recommend on this ??
Reply
huzteck huzteck
@AzrulAzir : SL recommended Please
+1 Reply
AzrulAzir huzteck
enter at touching trendline, stoploss at very right fibonacci 236. click and drag to see it.
Reply
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