Forex Signal For USD/TRY: Turkey's Second Quarter GDP Rises.

    Forex Signal For USD/TRY: Turkey's Second Quarter GDP Rises.   USD/TRY continues to trade in a tight range shown on the chart, close to 2022 highs.  

Today's advice for USD/Turkish lira

 

• The risk is 0,50%.
• None of yesterday's trades were activated

 

Best Selling Points

 

• Go to sell position with pending order at 18,33 level.
• 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: Turkey's Second Quarter GDP Rises.

 

Best Buying Points

 

• Go to a buy position with a pending order at 18,10 levels.
• The best spots to set stop-losses are to close the 17,94 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 to 18,31 support levels.

   

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