Forex Signal For USD/TRY: Sales Increase Thanks to Turkish Government

    Forex Signal For USD/TRY: Sales Increase Thanks to Turkish Government   Any dip for the pair represents an opportunity to buy again with the aim of hitting the previous high recorded last year.    

Today's advice for USD/Turkish lira

   

• The risk is 0,50%.
• The trade was activated on Thursday and profit was exited as the price moved towards the target and the stop loss moved towards the entry point.

 

Best Buying Points

 

• Go to a buy position with a pending order at 18,16 levels.
• Set a stop-loss point to close below the 18,05 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 a profit equal to 70 pips and leave the rest of the contracts at 18,31 strong resistance levels.

 

Forex Signal For USD/TRY: Sales Increase Thanks to Turkish Government

 

Best Selling Points

 

• Go to a sell position with a pending order at 18,32.
• The best spots for stop-loss adjustment are to close the 18,55 high.
• 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 leave the remaining contracts at 17,85 support.

   

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