Forex Signal For USD/TRY: Trying to Find Balance in Rising Inflation Environment.
Forex Signal For USD/TRY: Trying to Find Balance in Rising Inflation Environment.
Today's advice for the Turkish lira against the dollar
The risk is 0,50%.
Yesterday's buy transaction became active and half of the contracts were closed as the price rose towards the target and the stop loss point was provided.
Best Selling Points
Go to a sell position with a pending order at 18,33.
Set a stop-loss point to close the lowest support levels at 18,55.
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 hold up to strong resistance levels at 17,70.
Forex Signal For USD/TRY: Trying to Find Balance in Rising Inflation Environment.
Best Buying Points
Go to a buy position with a pending order at 17,85.
The best spots to set a stop-loss are to close the 17,54 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 let the rest of the contracts sustain to 18,31 support levels.