USD/TRY Long PossibilityThis idea is for demonstration and educational purposes and does not constitute a signal. If you enter, you do so at your own risk. Please use your confluences before considering an entry.
Price resting at key level in the market; on lower timeframe we have a descending wedge. WATCH for bullish impulse to the upside before entry. Current price action is kind of weak; we want to capitalize off of high volatility in the market especially because this is an exotic pair, with likely higher spreads depending on your broker.
USDTRY
USDTRY - LONG (Gradual)Our risk / reward ratio is 0.28 in the first field and 0.09 in the second field.
There was a close above 5.84.
Long positions can be tried in small lots.
However, losses can be a bit high since the bar cannot be sure without closing, so stoploss should be placed directly at 5.81 or 5.84.
Our sales level for the first area is 6.095.
If the first area breaks down, our sales level is 6.56.






















