Forex Signal For USD/TRY: Trade Always Points Up

    Forex Signal For USD/TRY: Trade Always Points Up   The lira's decline is expected to continue, as each drop in the pair represents a re-buying opportunity.  

Today's advice for the Turkish lira against the dollar

 

• The risk is 0,50%.
• On Thursday the buy deal was activated and the stop loss point was moved as half of the contracts closed, profits from the deal and the price moved towards the target.

 

Best Selling Points

 

• Go to sell position with pending order at 17,41 level
• Set a stop-loss point to close the 17,65 low 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 55 pips profit and leave the remaining contracts to hold up to strong resistance levels at 16,40.

 

Forex Signal For USD/TRY: Trade Always Points Up

 

Best Buying Points

 

• Go to a buy position with a pending order at 17,00.
• Close the 16,88 highs to set the stop loss.
• 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 at support levels 17,40

 

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