Forex Signal For USD/TRY: Trades Are In Tight Range Today

    Forex Signal For USD/TRY: Trades Are In Tight Range Today After retesting the deteriorating trend line at the end of last week, the Turkish lira is expected to drop.  

Today's advice on Lira is for dollars

 

• The risk is 0,50%.
• No purchase agreement has been made in the last week

 

Best buying points

 

• Go to buy in pending order position at 14,62 level.
• Set a stop loss point to close the lowest support level of 14,46.
• Move the stop loss into the entry field and increase the profits as the price reaches 50 pips
• Close half of the contracts with a profit of equal to 75 pips and leave the remaining contracts until strong resistance level at 14,85.

 

Forex Signal For USD/TRY: Trades Are In Tight Range Today

 

Best selling points

 

• Enter sales position with pending order from levels 14.86.
• To adjust the loss of pause, the best scores are to close the highest levels of 14,98.
• Move the pause loss into the entry field and increase the profits as the price reaches 50 pips
• Close half of the contracts with a profit equal to 75 pips and leave the rest of the contracts to support up to 14,40.

   

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