Forex Signal For TRY/USD: Lira Confidence Falls, Gold Rises.

    Forex Signal For TRY/USD: Lira Confidence Falls, Gold Rises.   The price of the Turkish lira rose against the US dollar early this morning on Wednesday.  

Today's TRY/USD recommendation

 

• The risk is 0.50%.

 

Best Buying Points

 

• Enter a buy position with a pending order at 18,50 levels.
• Set a stop-loss point to close below the 18,25 support level.
• Move the loss to the entry area and keep profiting while the price moves 50 pips.
• Close half of the contracts with 70 pips profit and leave the rest of the contracts to sustain up to the strong resistance levels at 18,99.

 

Forex Signal For TRY/USD: Lira Confidence Falls, Gold Rises.

 

Best Selling Points

 

• Activate sell position with pending order at 18,99 levels.
• The best spots to set stop-losses are closing 19,15 highs.
• Move the loss to the entry area and keep profiting while the price moves 50 pips.
• Close half of the contracts with 70 pips profit and leave the remaining contracts to sustain up to 18,55 support levels.

   

You may also be interested in:

Forex Signal For GBP/USD: The Image Is Much Weaker Than $1,2000