USD/TRY Forex Signal: TL Keeps Falling While Recording Lows.

    USD/TRY Forex Signal: TL Keeps Falling While Recording Lows.   The Turkish lira fell at the same slow pace against the dollar during today's trading, reaching the 18,30 level before the pair traded within the tight range shown in the chart.  

Today's Advice For USD/TRY

 

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

 

Best Buying Points

 

• Go to a buy position with a pending order at 18,16 levels.
• Set a stop-loss point to close below the 18,05 support levels.
• Move the stop loss to the entry area and continue to profit as the price rises by 50 pips.
• Close half of the contracts with a profit equal to 70 pips and leave the rest of the contracts up to the strong 18,31 resistance level.

 

USD/TRY Forex Signal: TL Keeps Falling While Recording Lows.

 

Best Selling Points

 

• Go to a sell position with a pending order at 18,32.
• The best spots for a stop-loss adjustment are to close the 18,55 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 70 pips and drop the remaining contracts at 17,85 support levels.

 

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