Forex Signal For USD/TRY: Apparent Stability

    Forex Signal For USD/TRY: Apparent Stability   Especially if the pair closes above the 16,40 resistance levels, the Turkish lira is expected to continue to decline.  

Today's advice for the lira against the dollar

 

• The risk is 0,50%.
• The sell transaction of the recommendation was activated yesterday and the profit was exited after half of the contracts were closed and the stop loss point was moved.

 

Best Selling Points

 

• Go to sell position with pending order at 17,11 level.
• Set stop-loss point to close at support levels like 17,26 low
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with 55 pips profit and leave the remaining contracts to hold up to strong resistance levels at 16,40.

 

Forex Signal For USD/TRY: Apparent Stability

 

Best Buy Points

 

• Go to buy position with pending order at 16,33 level.
• The best spots to set the stop loss are to close the 16,22 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 sustain up to 16,60 support levels.

   

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