rv
Short

USDTRY (4H) Channel.

rv  
FX:USDTRY   U.S. Dollar / Turkish Lira
409 6 9
Channel play.
WW potential toping on turn.
Rounding top.
RSI bearish divergence recorded.
Range Movement breaking uptrend_line.
Potential Mean reversion 28/7 uptrend_line.
RSI , MACD bearish .

Target_1 : 2.25148
Target_2 : 2.23151

This is a trade against a very dominant uptrend. It is best to look for long opportunities instead short.
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pmks1 berkek
I am out with a wonderful profit. Thanks River_54 :)
Reply
rv pmks1
welcome. As David recommends : " plan the trade, trade the plan(Strict management) "
( Also remember Technician's 6th trading criteria rule. Its the opportunity to ask yourself what went wrong )
Reply
rv berkek
Thank you berkek. Yes, a dominant uptrend. Possibly, a counter-trend short, with start and finish, which has worked thus far. Nothing goes one way.
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Think this look very interesting. I took that call .. Lets see how it goes .. Thanks
Reply
rv pmks1
Hi pmks1, thank you for the kind comment. Please, take into consideration, that this is not a recommendation to buy or sell/call, of any kind. Its a personal and mutual cooperation/exchange of ideas/sharing and collaborating with the community, for the purpose of improvement and advancement as Chartists/Traders/Investors, etc. Cheers.
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