Forex Signal For USD/TRY: Lira Detected Fixed At Lowest Level.

    Forex Signal For USD/TRY: Lira Detected Fixed At Lowest Level.   Lira is trading below resistance levels at 18,99.  

Today's advice for TRY/USD

 

• The Risk İs 0,50%.

 

Best Buying Points

 

• Go to buy position with pending order at 18,49 level.
• Identify a stop-loss point to close below the 18,35 support levels.
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with 70 pips profit and leave the remaining contracts up to the strong resistance levels at 18,99.

 

Forex Signal For USD/TRY: Lira Detected Fixed At Lowest Level.

 

Best Selling Points

 

• Go to a sell position with a pending order at 18,99 levels.
• The best spots to set a stop-loss are to close the 19,15 highs.
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with a profit equal to 70 pips and drop the remaining contracts at 18,55 support levels.

   

You may also be interested in:

Forex Signal For GBP/USD: A Short Pullback Expected With High Probability.