Forex Signal For TRY/USD: Stable After Terror Attack in Istanbul.

    Forex Signal For TRY/USD: Stable After Terror Attack in Istanbul.   On the technical front, the Turkish lira continued to trade in a tight range that has been going on for several weeks, while the pair managed to stabilize against the dollar, with slight movements in the rectangular range shown in the accompanying chart.  

Today's Advice for TRY/USD

 

• The risk is 0,50%.

 

Best Buying Points

 

• Go to buy position with pending order at 18,50 level.
• Set a stop-loss point to close below the 18,25 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 let the remaining contracts run to the strong resistance levels at 18,99.

 

Forex Signal For TRY/USD: Stable After Terror Attack in Istanbul.

 

Best Selling Points

 

• Activate 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 leave the remaining contracts floating around the 18,55 support levels.

   

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