Forex Signal For USD/TRY: Lira Continues to Lose

    Forex Signal For USD/TRY: Lira Continues to Lose Especially as long as it continues to trade above the uptrend line, it is expected that the lira will continue to decline because every drop in the pair represents a buying opportunity.  

Today's advice for the Turkish lira against the dollar

 

• The risk is 0,50%.
• By activating yesterday's buy deal, half of the contracts were closed with profit and a stop loss was achieved.

 

Top selling points

 

• Go to a sell position with a pending order at 17,11
• Set a stop-loss point to close support levels as low as 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: Lira Continues to Lose

 

Best Buy Points

 

• Go to buy position with pending order at 16,58 level
• The best spots to set the stop loss are to close the 16,32 highs.
• Move stop loss to entry area and keep profiting as 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 17,00 support levels.

 

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