Forex Signal For USD/TRY: Trades in a Narrow Range
Forex Signal For USD/TRY: Trades in a Narrow Range
Today's advice for the Turkish lira against the dollar
- The risk is 0,50%.
- None of yesterday's trades were activated.
Best Selling Points
- Go to sell position with pending order at 17,41 level.
- Set a stop-loss point to close the 17,65 low 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 55 pips and leave the rest to sustain strong resistance levels at 16,40.
Forex Signal For USD/TRY: Trades in a Narrow Range
Best Buying Points
- Go to a buy position with pending orders above at 17,00 the level.
- The best spots to set a stop loss are to close the 16,88 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 55 pips and leave the remaining contracts to maintain their support levels at 17,40.
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