Forex Signal For USD/TRY: Gas and Electricity Prices Continue to Rise.

      Forex Signal For USD/TRY: Gas and Electricity Prices Continue to Rise.   The Turkish lira is expected to continue to decline, especially when the pair closes above the 16,40 resistance levels.  

Today's advice for the lira against the dollar

 

• The risk is 0,50%.
• None of the trades of yesterday's recommendations have been activated

 

Best Selling Points

 

• Go to a sell position with a pending order at 17,11
• Set a stop-loss point to close the low support 17,26.
• 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: Gas and Electricity Prices Continue to Rise.

 

Best Buying 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 up to 16,60 support levels.

   

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